British people: "Mmm, money money money!" From Webshots. |
The actual effect of money on happiness is somewhat debatable, but most researchers seem to agree that after you have enough money to live a middle-class existence, more money won't significantly affect your happiness. On the other hand, Daniel Gilbert just recently authored a study that says money DOES affect happiness past the middle class--it's just that most people don't know how to spend it effectively.
You should head over to BBC's article because it lists a whole lot of other statistics from the results. It also goes into the generational divide, with younger people putting much more stock in loneliness and anxiety as causes of unhappiness. I'm kind of shocked that "welfare of their children" ranks among the bottom, but that just shows how much I know!
I also heard that about the middle class thing and when reading it in some article for the first time, I actually remember thinking that it must depend on whether you know how to spend what you have or don't. But yeah, interesting survey results!
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