Posted in happiness, Money, wellbeing

Money doesn’t matter

Chris Boyce, from the University of Warwick, said: “Our study found that the ranked position of an individual’s income best predicted general life satisfaction, while the actual amount of income and the average income of others appear to have no significant effect.
 This English article tends to suggest that keeping up with the Joneses is alive and well and ,as long as you earn more than others and can feel superior, you will feel happy. It makes sense then that we constantly have to rank everything into top 10s, top 5s, the best 20 of whatever it is. People like to feel as though they are doing well compared with others. They like to have a rank. The discussion here on Digg offers some good insight.There is another American study which suggests if you have money and you give some away to others it will have a really good impact on you. Maybe the old adage is true:

Money doesn’t buy happiness. It’s the perspective which helps and and the not having it which is painful.



Retired Adelaide based professional. Lived here most of my life. I have been a teacher of French, English and German since 1974 and value the capacity of the classroom, wherever that might be, to write on the lives of others.

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