Angela Barton

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More proof that money can’t buy happiness

July 9, 2009 by Angela Leave a Comment

A new study has found that earning more money makes recent graduates more anxious and in some cases even depressed, while the ones who have strong relationships are the happiest.

Why doesn’t wealth pay off in happiness? The researchers theorize that the pursuit of riches and the American Dream distracts people from more rewarding pursuits – like spending time in meaningful relationships, growing as a human being, and finding ways to contribute to the community.

The article stresses that the conclusion is not that it’s BAD to be ambitious or to work hard to achieve success. Just that you shouldn’t count on it to make you happy.

One of the suggestions for finding the path to happiness? Favoring meaning over materialism. Looks like the study backs up the beliefs and values of the simple living/non-consumer community, as well as many cultural and religious traditions.

Of course, all these studies always presuppose the fact that in many situations we can’t even start TALKING about happiness before people have enough to cover their basic needs of food, shelter, and clothing. No one is theorizing that we’d all be better off poor and starving, nor are they blind to the effects of poverty and hunger.

What do you think? How does money relate to happiness? Read the full article here. And please leave your thoughts in the Comments section.

Filed Under: happiness, in the news

About Angela

On January 1st, 2009, I joined The Compact and pledged to Buy Nothing New for one year. It sounded like the perfect way to converge my desire to live on less money with my interest in living a simpler life and trying to lessen my carbon footprint. The experiment was so rewarding that I'm continuing with it indefinitely. This blog documents my journey in non-consumerism.

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