A worldwide poll published earlier this year showed that money only goes so far when it comes to providing happiness and life satisfaction. A new study by famed economist Richard Easterlin and peers looked at the income-happiness relationship with a long-term lens, surveying people in 37 countries for an average of 22 years per country. Their conclusion? Long term peace of mind, happiness, and well-being to not rise when income rises. The daily specificities of our lives—our relationships, our values, and our personal struggles—are what define us more than the money we make. Yes, stressing about money can decrease a person’s well-being and mental health. But accumulating more and more money does not accumulate happiness.
© Copyright 2010 by By John Smith, therapist in Bellingham, Washington. All Rights Reserved. Permission to publish granted to GoodTherapy.org.
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