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Tuesday 14 March 2023

Money brings happiness in life, by research

 Money brings happiness in life, by research

Nobel laureate economist Daniel Kahneman has debunked the myth that money does not bring happiness in life. He has proved in his research that there is a relationship between money and happiness and this relationship is parallel.

He who has as much money has the same amount of happiness. On the other hand, for those who do not have money, it is as if happiness has escaped from their life.


Money cannot buy happiness. Happiness is related to the mind. There are various theories about money and happiness. This policy makes the Nobel laureate economist think. So he went into research to find the right answer.

Professor-researcher Matthew Killingsworth of Princeton University and the University of Pennsylvania accompanied him on this research journey of Nobel-winning economist Daniel Kahneman. These two Maharathi with his team started research among 33,951 people in America.


All the members who participated in this study were between 18 and 65 years of age. Each family had an annual income of more than 8 lakh rupees. Reviewing their data, the researchers noticed two things.


The first point is that if the members who participated in the study had more yearly income, their happiness, and peace of life also increased. And some members found that their happiness did not increase as their revenue increased. But that does not mean that their happiness has decreased.


Their research was published in a report by the National Academy of Sciences. It is claimed that happiness will increase if income increases.

But at the end of the "statutory warning" was given by Nobel-winning economist Daniel and Matthew Killingsworth, a teacher-researcher at Princeton University and the University of Pennsylvania.


In the 'statutory warning,' they say that not all happiness depends on money alone. Happiness can depend on many things. But that dependence is more on money. Because only money has the power to fulfill most of life's demands.




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