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Money can buy happiness
Money can buy happiness
An essay on the happiness hypothesis
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During this class we have been looking at many different pieces of literature that talk about happiness. Most of the stories and articles point to the same conclusion, money does make people happier until they hit a certain income then the feeling level out. The authors of the stories and articles will include other factors that cause people to be happier with their lives. There are three articles that connect very well with each other. These three include Chapter five in The Happiness Hypothesis by Jonathan Haidt, “A Formula for Happiness” by Arthur C. Brooks, and “High income improves evaluation of life but not emotional well-being” by Kahneman, D., & Deaton, A.
In The Happiness Hypothesis, Haidt talks about many different things throughout
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the entire novel. In chapter five, the main point that he is trying to bring across is the pursuit of happiness. Within the chapter, Haidt challenges the idea that happiness only comes from within ourselves not found in external objects. Haidt believes there are many external conditions that effects the happiness of a human being. He explains many different ways of improving one’s happiness by changing the external circumstances. This idea agrees with the ideas stated in “High income improves evaluation of life but not emotional well-being” by Kahneman, D., & Deaton, A. In this article they state that “income and education are most closely related to life evaluation but health, care giving, loneliness, and smoking are relatively stronger predictors of daily emotions” (Kahneman 2010). This helps support Haidt’s argument that external circumstances can change someone’s happiness. This is true because many people are starting to go back to college to get a better education so they are able to be paid a higher salary. They will even go back to college to completely learn a whole new major and then change jobs because they are unhappy with their previous job. They decide to change one of their outside conditions that is causing them to be unhappy. This has led to more happiness in the world as more people like their job. It’s also true because people that have better health tend to be more happy then those who are not as healthy. People live far better lives if they are healthy than if they are always sick. The people that are sick all the time will limit themselves because they might not want to get anyone else sick or they aren’t in a well enough state to do the task they wanted. In the article A Formula for Happiness, Brooks’ talks about research that has been done by the University of Chicago and University of Minnesota.
The results of the research that were uncovered by these universities was very surprising. In research that was conducted by the University of Minnesota they separated two identical twins at birth and gave to two different families with different backgrounds. After some time, the researchers discovered that we inherit a surprising proportion of our happiness. It is almost 48 percent of our happiness is inherited from our parents (Brooks, 2013). The research results also support Haidt’s argument that external conditions do have an impact on our happiness. About 40 percent of our happiness comes from isolated events and one-time event like getting into the college that someone always dreamed about getting into or having that dream job that they have always been looking for (Brooks, 2013). Additionally, after about half of our happiness is inherited and almost 40 percent of our happiness comes from past experiences there is about 12 percent (give or take a few percent) that we are able to have under control. This 12 percent is including the four basic values that we all try to pursue. These four basic values are faith, family, community and work. People pursue the values because we can control these values to an extent. We are not able to control who is in our family but we are able to control our faith, community and
work. All of these pieces connect with each other because they all talk about happiness. These pieces supported each other by showing our outside surrounding do effect our happiness. Money is the biggest contributor to someone’s happiness until you hit about $75,000 then the happiness levels out. This does not imply that people that have an income under $75,000 are unhappy but it is more likely for them to be unhappy more frequently. This could be due to the fact that they might have more stress in their lives about paying bills or supplying food for their family. Therefor depending on where they live, this $75,000 might not be enough for the cost of living in their state. Haidt in chapter five talks about how even spending your money wisely will help you become a happier person. If they were to spend their money wiser then they wouldn’t have to worry as much about providing for their family or paying the bills. Haidt starts to talk about how even though we do find happiness in external objects no matter how much we change them they will not bring us more happiness. This is not a true statement because there are many things that we can change out to make ourselves happier even if we had one before. One great example is friends or significant others. Many times people get upset with their friends because they are mean to them and causes them to be unhappy for a while. If that mean friend is always mean to them then they are able to get rid of that friend and a better friend that isn’t mean to them. Personally for myself there are many things that someone could change out for better versions of the same thing and it will make me happier. If someone was to give me a better house or better car this would make myself happier than when I had the smaller house or the worse car. Now it might not make me happier if the house is just barely bigger than my previous house but if the house was dramatically bigger than it would definitely make me exceedingly happier. This is true for most people, many people in the world would love to have a bigger house and then that would make them happier. The people that are barely scraping by would be ecstatic to be given a bigger house or even if they were able to afford a bigger house. People that are near the poverty level would take anything to make their lives better. The things they take would more than likely make them happier because it would be less things they have to be worried about buying or providing for their family. There are many things in the world that would affect someone’s happiness. People would say that extra money would always be nice to have so they are able to go out and spend it on maybe a nice dinner or something they have wanted to buy for a long time but the research shows that people that have a household income of $150,000 are not any happier than people that have a household income of $75,000. The people that make less than $75,000 are frequently less happy. This proves that money does buy happiness to a point. These pieces are prove that our external environment and conditions effect our happiness. People are able to try and change their conditions to bring them more happiness and for many people that will work. Everyone has the right to be happy so why don’t we all change the things that make us unhappy.
As Walt Disney once said, “Happiness is a state of mind. It’s just according to the way you look at things.” Walt Disney is one of the best known founders for a motion - picture production company. This infamous and plausible man is among the many who support the claim that happiness can be achieved in an assortment of ways by contenting both adults and children. Maanvi Singh’s , “You Can Buy Happiness, If It’s An Experience,” Caitlin Kenney’s “Study: ‘High Incomes Don’t Bring You Happiness’” and ABC News’ “Can We Cultivate Our Own Happiness?” assert how one can achieve happiness. Genuine happiness can only be attained if one truly accepts what their lives present them with. Even though several beliefs claim that money is the key to stimulating
One reason described to be a cause of happiness is income. Don Peck and Ross Douthat indicate how, “National income appears to be one of the best single predictors of overall well-being, explaining perhaps 40 percent of the difference in contentment among nations” (352). With this statement, comes the explanation of how income can influence happiness in adults who strive to earn a living. Research illustrates how, “For individual countries, with few exceptions, self-reported happiness has increased as incomes have risen” (Douthat 352). While these two statements provide sufficient evidence for the reason of income bringing happiness, income itself is not relevant.
The studies given as examples and discussion focuses on teenagers and young adults, but includes anyone is struggling to find happiness. Evidence to Support Thesis: Point 1: The level of well-being is emphasized as more people continue to lose track of what makes them happy. Shawn Anchor is reminding people to capture the essence of simple contentment and asking his audience to think about what they value. Anchor’s book provides seven principles that involve having an open mind to becoming happier. Anchor includes other research studies as evidence to his claims throughout the book.
The research article "If We Are So Rich, Why aren 't We Happy?" By Professor of psychology Mihaly Csikszentmihaly is written to provide information to people and psychologists, with various examples and techniques from his books. Mihaly is the founder of "Positive theory" (1990), and originator of the "flow" concept, so through his studies Mihaly shows us that people in the United States believes materialism and having and excess amount of money will bring more happiness. This however is not the truth his studies show the opposite in fact, and it is clear that his article is more about providing information to the average person, rather than simply stating the facts of his books for a professional study. This is proven to be true when he talks
For some, happiness is all that matters. Happiness is achieved in many ways, and it doesn’t always involve money. There are many things that contribute to making a person feel happy and successful. One can feel successful without a lot of money at all. For example, feeling loved is something that makes everyone happy. Many believe that without love life is not thoroughly complete, thus never truly achieving success. Ones line of work can also affect how happy he is. Some feel that it is more important to enjoy work and get less money than it is to hate work and get paid more. Another factor in achieving psychological success is ones ability to enjoy what life gives him. There are many qualities of life that are overlooked. Everyone is dealt family and it is important to value that.
“The Art of Happiness: A Handbook for Living” is a collaboration by His Holiness the Dalai Lama XIV and Howard C. Cutler, M.D., who identify many possible components that could lead to a happy and satisfying life. Their approach combines and integrates the thoughts of East and West; Buddhist principles and practices on one hand and Western science and psychology on the other. Many everyday difficulties are highlighted in this book, and Dalai Lama and Dr. Cutler attempts to help the readers find appropriate solutions in order to find a balanced and lasting happiness. Dalai Lama’s understanding of the factors that ultimately lead to happiness is based on a lifetime of methodically observing his own mind, exploring the nature of the human condition, and investigating these things within a framework first established by The
Happiness is a feeling that everyone aims to accomplish, yet some people seem to only catch a sight of it. Gratifying atonement, a state of well-being, and serenity are the more eminent elements of happiness. David G. Myers and Ed Diener propose the article “Who Is Happy?” which present aspects of happiness, a theory that recognizes adaptation, cultural world view, and personal goals. I believe through word of mouth and through those whom we look up to, we are told many myths about happiness, especially the biggest myth that money can buy happiness. In Daniel Gilbert’s “Reporting Live from Tomorrow”, he argues that the definition of happiness is not defined by wealth and that we rely on super-replicators and surrogates to make decisions that we feel will enhance our happiness. Our economic history has proven the idea of declining marginal utility. If we pursue life and liberty without happiness, our lives, quality, and value will slowly vanish, but the absence of wealth has nothing to do with one’s happiness.
Money and Happiness are two things that we have all given a lot thought. We put lots of effort into these two things either trying to earn them or trying to increase them. The connection we make between money and happiness is strange because they are two very different concepts. Money is tangible, you can quantify it, and know exactly how much of it you have at any given time. Happiness, on the other hand, is subjective, elusive, has different meanings for different people and despite the efforts of behavioral scientist and psychologist alike, there is no definitive way to measure happiness. In other word, counting happiness is much more difficult than counting dollar bills. How can we possibly make this connection? Well, money, specifically in large quantity, allows for the freedom to do and have anything you want. And in simplest term, happiness can be thought of as life satisfaction and enjoyment. So wouldn’t it make sense that the ability to do everything you desire, result in greater satisfaction with your life.
Happiness is a feeling that humans naturally desire. Without it, one feels incomplete. In this generation, happiness has taken on a definition by how we are presented to one another. It is measured by how much money we have, how famous we are, or the things we possess. When in reality, none of these things guarantee a happy life. Happiness is something that cannot be bought with money, but rather, it must be found, earned, sought after. Each and every one of us has our own list of things that we consider to make us happy. However, happiness shines brightest through the relationships we create, and the goals we make for ourselves to strive after. Along with these two essential sources, we then can mix and match those things in life that we enjoy to create our own unique formula for happiness.
A question that always seems to come up, asks if money can buy happiness. Many people believe that it can, but just as many say it cannot. Even though there are people who say money is the key to happiness, there are several good reasons that it isn’t. First, we must recognize the difference between comfortability, and happiness. Another key, is that memories cannot be bought. And you there is no price for love. Next is the use of excess income. And how it is used to show off the amount someone makes. Another key example is the inability to buy someone’s happiness, or memories. Money can however buy time in a way. It can even make someone happy, when used appropriately. The last and closest evidence to support the idea of money buying happiness,
Money is probably one of the most important things in this world. Without it, life would be very hard. With it, you become economically stable making life would be easier in some ways. But the real question is, can money actually make someone physically and emotionally happy? There are many sides to this debate; some who say yes and others who say no. Though most people agree with the statement, “Money doesn’t buy happiness,” there is still a large amount of people who disagree with it. They believe that money does indeed buy happiness and that it’s the most important thing in the world. There is no right or wrong answer to this question, it’s just a matter of what you believe in and your values.
When none of us has ever come across such words and formulas, none of the great personalities has ever mentioned it, then who the hell has instilled it in our minds that money brings happiness. But among this debate one question still raises its head - What is happiness? Happiness is not actually leading a luxurious life but the luxury of living a life. Happiness is not actually about expanding your business, but it lies in expanding the horizons of life. Happiness is not having a meal in the most famous restaurant but to have it with your most beloved family. It does not lie in attending honorable parties but to attend a party with honor.
Now how does a person go about being happy, well let us examine one of the most common questions in reference to happiness, “can money buy happiness?” most people would say “yes.” The answer to this question will almost always be yes, because society and humans in general tend to be greedy creature always wanting more, from a better house to finer foods there is and always will be more to obtain. But is having these things what makes humans happy or is it the success of achieving your own...
So the puzzle is this: why do social scientists consistently find only moderate relationships between having more money and being happy? Some have even suggested that this moderate connection might be exaggerated. In reality money might have very little to do with happiness at all.
What is happiness? According to the dictionary, happiness is a mental or emotional state of positive or pleasant emotions. Now think closely, what does happiness mean to you? Many people say money can’t buy you happiness, some people say it can. People say, “How can you not be happy when you have a ton of money?” But people also say, “Having too much money can get in the way of happiness.” To me money is just green paper that lets you buy things you want and need. But can this green paper really buy you happiness? After reading this paper of mine, think about the question again and what do you believe is true.