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... But amassing wealth has nothing to do with happiness. Still, the influence of income and wealth with happiness is one of the most widely studied phenomenons. Most studies show that money is not the answer to true happiness. (Skousen, pg 4-5)
Let me say that again, money is NOT the answer to true happiness. ... I noticed a graph in an issue of The New York Times that indicated that money causes diminishing returns in happiness. A well-being rises with income, but once beyond a certain threshold, income has little or no effect on happiness. ... Higher happiness with material things wears off. ... Great wealth always has its price. (Johnson, 43)
Happiness doesnt necessarily rise as income rises. ... Other studies have found that a mere 3 percent of the difference between the happiness of individuals can be attributed to income. ... This condition is called sudden wealth syndrome, in which people with quick riches isolate themselves, become obsessed with the stock market and feel embarrassed, scared and unable to accept that the money is really theirs. (Ellin, 3)
Money is not the root of all happiness. Happiness comes from within. ... To reiterate this theory, I came across an author’s interpretation of what happiness is.
Approximate Word count = 962
Approximate Pages = 3.8
(250 words per page double spaced)
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