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(The Atlantic)   Science: "Why yes, money does buy happiness"   ( divider line
    More: Obvious, Real GDP, ethnic backgrounds, social change, household incomes, life satisfaction, basic needs  
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7344 clicks; posted to Main » on 11 Jan 2013 at 9:48 AM (4 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»

Voting Results (Smartest)
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2013-01-11 09:52:33 AM  
7 votes:
Money doesn't buy buys FREEDOM

What you DO with that freedom is what determines how happy you will be
2013-01-11 09:59:37 AM  
3 votes:
I've always thought that was the most stupid saying ... obviously, having money makes it easier to be happy. This is common sense. There's no explanation needed. I'm sure that, statistically, some wealthy people are not happy. Of course, they would be a hell of a lot more unhappy if they were poor. Ridiculous saying.
2013-01-11 09:41:46 AM  
3 votes:
Show me someone who thinks money doesn't buy happiness and I'll show you someone who grew up with money.
2013-01-11 09:27:45 AM  
3 votes:
Money doesn't directly buy happiness, but it sure eliminates worries and buys options.

Your car breaks down, you can afford to take it to a mechanic and take a cab to work (and you probably can afford a pretty reliable car to begin with).  You're working a decent salaried job where you're not to have your paycheque cut (or get fired) for being late due to an emergency.  You can live in a safe area. You can eat a wide variety of delicious and healthy foods, and you're not limited to how many groceries you can carry walking home. You can wear nicer clothes and be taken more seriously. You can study what interests you the most, and have an easier time getting good grades because you're not working three jobs to pay for it. You can go out to a restaurant when your friends get together. Your kids can do extra-curricular things with their friends, like learning to ski, or travelling to other countries, so they grow up happier and with more options too.

Money doesn't make you a *better* person, but it certainly makes life easier.
2013-01-11 11:15:51 AM  
2 votes:
[A]fter basic needs are met, relative rather than absolute income levels influence well-being.

This is why we should have a socio-capitalist system. Everyone should be given enough money from the gov't to have their basic needs met (food, shelter, entertainment, transportation, communication), then, whoever wants something *better* has to work. This also explains why both communism and capitalism (both in the colloquial senses) don't work and ultimately fail spectacularly.

Unfortunately, the last US Senator to seriously propose such a solution was assassinated.

Universal Basic Income should be a human right.
2013-01-11 10:01:53 AM  
2 votes:
anyone that says money doesn't buy happiness is selling something.
2013-01-11 09:54:56 AM  
2 votes:
I'd rather be rich than poor if only for the financial reasons.
2013-01-11 09:49:58 AM  
2 votes:

sigdiamond2000: Show me someone who thinks money doesn't buy happiness and I'll show you someone who grew up with money.

or, I'll show you a poor person who is trying to comfort himself in the propaganda given to him by the rich...
2013-01-11 09:08:26 AM  
2 votes:
Of course it does. But that doesn't mean you HAVE to be rich to be happy. Some people are happy living in a mansion with more toys than most countries. And some people are happy living in a converted closet with a foldout bed, a bong, a gaming console or PC and an internet connection. Me personally, I don't need 80 butlers all named Jeeves serving me endangered condor egg omelets with a side of spotted owl for breakfast every morning with diamond dinnerware. But I was dirt poor for a time and frankly it's great being able to pay bills and buy something without crunching numbers for 48 hours straight trying to budget an extra 8 cents so I can afford another toothbrush.

Those graphs above number 6 gave me a Rorschach test moment as Greece looked like a happy couple doing the wheelbarrow.
2013-01-11 01:32:19 PM  
1 vote:
Dave: Well, you've really outdone yourself today, Bill. You've alienated the entire staff, nearly stripped the office bare, and broken poor Matthew's heart.
Bill: You think I'm proud of myself? Everyone hates me now. And not like before when they all sort of hated me, this is the real stuff.
Dave: In the first place why would you ask for a raise so big it would cripple the station?
Bill: Greed.
Dave: All right, and what has that greed gotten you?
Bill: Money.
Dave: And what can that money ultimately buy?
Bill: Happiness, but stop trying to cheer me up!
2013-01-11 10:58:12 AM  
1 vote:
Almost no one is happy in extreme poverty, but personally speaking the quality of relationships, freedom of time and choice, and having meaningful engaging work are more important than money when not in poverty.
2013-01-11 10:56:59 AM  
1 vote:
FTA:But every next dollar won't buy the same amount of happiness. The straight line can be deceptive at first blush. The graph is *not* telling you that every next $1,000 on your paycheck is worth the same gains in satisfaction. Instead, the relationship is logarithmic.

This is why tax systems should be (and are) progressive. Just replace "happiness" and "satisfaction" with lifestyle/security. It's all the same.
2013-01-11 10:54:01 AM  
1 vote:
Nah. Security and freedom = happiness, and money just happens to be the current means of obtaining those things.
2013-01-11 10:51:20 AM  
1 vote:

trippdogg: Here he is, folks - the happiest man in the world:

Possibly THIS billionaire is ....

GIS Richard Branson and you will see, the dude is ALWAYS having a good time.
2013-01-11 10:46:09 AM  
1 vote:
Duh! It's not so much the money as it is having more control over your own life.
2013-01-11 10:45:18 AM  
1 vote:
It's already been said... But here's my take...

Money isn't the be all end all, but try living without it.

We just spent the past two weeks trying to scrape by on what we had until my next paycheck finally came in this morning. Between Xmas and my son's birthday, we had to spand pretty much every penny we had. Well, not "pretty much". Our account was -$3.00 yesterday. I even cashed in all my change just to get enough to buy food for the kids lunches.
We can only hope that the check that I just got will hold us over for the next two weeks.

We live on a check-to-check basis like many people. In this case, the timing was really bad because I just started this new job, and had to go 3 weeks on something like $800. That's not a lot for a family of 4. And there were utility bills due that took away from it.

Hopefully, we are finally sliding in to a position where we can pay our bills, and actually have something left over so we don't have to scrape the bottom of the barrel again.

So in my case I would deffinitely say that money could buy me some happiness.
2013-01-11 10:29:21 AM  
1 vote:

kvinesknows: Money can buy happiness if it could buy me some Zooey time

Franny will be so disappointed.
2013-01-11 10:11:35 AM  
1 vote:
2013-01-11 10:07:22 AM  
1 vote:
Money doesn't buy happiness if you spend 60 hours a week at work and die of a heart attack by 40.
2013-01-11 10:05:24 AM  
1 vote:

sigdiamond2000: Show me someone who thinks money doesn't buy happiness and I'll show you someone who grew up with money.

Show me someone who thinks money does buy happiness and I'll show you someone who grew up without .

This isn't really news - studies have consistently shown that people without money get happier as they get more, but only up to a point, If I recall correctly, the actual numbers are somewhere around an income level of 60K per year in the modern US.

** checks article ***

Happiness plateau is bunk? Hrmmm.... Imma attribute that to the difference between aggregate and individual measurements. Or maybe I'm just misremembering what I thought I knew. So confused....

One thing I remember for sure is that while money does buy happiness (whether or not it is only to a certain point) it does so by first taking care of basic needs, and then increasing the availability and incidence of time and activities with family and friends
2013-01-11 10:01:01 AM  
1 vote:
Money buys freedom to pursue your interests. Wisdom gives you the ability to use that freedom to the benefit of yourself and those around you. These two definitely can combine to create happiness, but it's one of many routes.
2013-01-11 09:59:57 AM  
1 vote:

japlemon: Money doesn't buy buys FREEDOM

What you DO with that freedom is what determines how happy you will be

I make enough that I have the freedom to take a 30% pay cut to switch jobs and do something I love. I certainly make more money hating my job every day, but I don't think it's worth it.
2013-01-11 09:58:43 AM  
1 vote:
I've tried zero money, barely enough to get by, enough to get by, and now enough that I can have a house and pay all my bills and have plenty left over. The last one is by far the best. alwaysjaded hit it in the first. It's not the money itself, it's not having to worry so much. I don't have to pay close attention to my spending because I rarely overspend and when I do, I've got savings to cover and I can tighten up the next month. If my bills are high one month it's no sweat. If my car breaks down I can fix it. I had a lot of months when I was younger where I had budgeted for every penny of my next two paychecks and then car would need to be fixed or some other unexpected expense and it was "which bill(s) can I afford to let slide". I aint rich but I've got the essentials plus entertainment. Coming from a very modest upbringing it always stuns me when I hear people with million dollar house crying that they can't make ends meet. It's because they're doing it wrong.
2013-01-11 09:51:31 AM  
1 vote:
Money can buy happiness if it could buy me some Zooey time
2013-01-11 09:16:00 AM  
1 vote:
Money doesn't necessarily buy happiness, but it certainly allows you to rent it for a while
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