Wednesday, January 21, 2009

Can money buy happiness?

Can Money Buy Happiness? 5 Arguments for (and Against)

Can money buy happiness?

It’s one of the most heavily disputed and researched questions of all time. Countless studies have been done, with each seemingly confirming the inconclusiveness of the last.

I’ve researched a handful of these studies, and have concluded that there are 5 main ‘happiness influencing factors’ of money. Depending on the person, these factors may or may not have an impact on your happiness levels.

Many of these studies contradict each other on conclusions surrounding these 5 factors (perhaps due to their study group).

Let’s take a look at the arguments on both sides and then do a poll to see why you are pursuing more money. In today’s economic climate with layoffs and uncertainty about our financial futures, some introspection regarding this question is sorely needed.

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