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Money = Happiness

By John M. Grohol, Psy.D.

Money
It turns out that whoever said money can’t buy you happiness was wrong.

Money can buy you happiness, as long as you give some of the money away.

Dunn and colleagues (2008) conducted three studies that examined the relationship between Americans’ spending habits …

-2 Comments to
Money = Happiness

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  1. I totally think money can buy happiness. I’m freaking happy, I gotta tell you, and I don’t think it’s just because of all the things that ‘money can’t buy’. I see a lot of unhappiness generated when people do not manage their money well (i.e. they have lots of money, but end up in debt anyway, or have impulsive spending habits).

  2. Hi,
    Interesting thoughts! I believe it’s not possible to make a general statement on whether money makes people more or less happy. Money comes with a whole set of new elements that may have good or bad impact on our happiness, and depending on how susceptible we are to every one of them, the conclusion will go one way or the other (i.e. different from person to person). I recently made an effort to provide a more comprehensive picture of what these ad- and disadvantages are. I invite you to have a look at Money and Happiness and tell me what you think!
    Thank you, Nick

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