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Mohammad Mohammadipour

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Can Money Buy Happiness?

Maybe more cash does make people happier. Especially salient are analyses done by University of Pennsylvania economists Daniel Sacks, Betsey Stevenson, and Justin Wolfers. In their updated 2010 study, “Subjective Well-Being, Income, Economic Development and Growth,” the three compare subjective well-being survey data from 140 countries with those countries' income and economic growth rates. The researchers find that within individual countries richer people are happier than poorer; people in richer countries are happier than people in poorer countries; and over time increased economic growth leads to increased happiness. “These results together suggest that measured subjective well-being grows hand in hand with material living standards,” they conclude..


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  • Feb 16 2013: Money has little to do with being happy. Being happy is a choice, it is perspective and the ability to make the best out of what you have, little or a lot. More money can equal more problems, it is only part of your happiness if you choose for it to be. Choosing happiness = happiness. Anyone who is having a bad day I suggest you force yourself to laugh for 5 minutes, right out of the blue, get a few people to do it with you. You will likely end up laughing for real and will feel better. Choose it :-)
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      Feb 17 2013: YES! It is indeed a choice, and laughter is good medicine.....well said Mathew:>)

      "Be happy with what you have and you will have plenty to be happy about..."
      (Irish proverb)

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