Monday, November 27, 2006

Does Money Buy You Happiness?

I'm personal proof that money does indeed bring you happiness. (Yep - I'm always cheerful!) So you'll be as interested as I was in this article I came across just now:

By MALCOLM RITTER,
AP Science Writer Sun Nov 26
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NEW YORK - Does money buy happiness? It's sometimes said that scientists have found no relationship between money and happiness, but that's a myth, says University of Illinois psychologist Ed Diener.

The connection is complex, he says. But in fact, very rich people rate substantially higher in satisfaction with life than very poor people do, even within wealthy nations, he says.

"There is overwhelming evidence that money buys happiness," said economist Andrew Oswald of the University of Warwick in England. The main debate, he said, is how strong the effect is.

Oswald recently reported a study of Britons who won between $2,000 and $250,000 in a lottery. As a group, they showed a boost in happiness... compared to their levels two years before they won.
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Obvious, isn't it?