Thursday, March 31, 2016

Correlation of Money and Happiness

There is a high correlation of perceived happiness with perceived increased of wealth.

Actual correlation of actual happiness with absolute amount of wealth is low, if my own experience and observation is anything to go by.

We all have examples of happy and unhappy people in the spectrum of wealth.

So, there is no correlation?

The lower the income to meet minimum needs of family expenses (minimum needs is dependable on expectations), the higher the correlation of happiness with increased wealth.

I used to think, if I have X more, I need not worried about Y expense.

Seriously?

When you had X, is there no upgraded version of Y expense?

When you have X infinity, can pay for infinity expense, you have another bigger problem. Relationships. Fairness in distribution, not just after death, how your friends treat you, how anyone treat you for that manner.

Remembered SMOL post on JEdi insurance agent? I was a JEdi tutor, asking for sky high rate for my services when I know I actually don't mind giving free tuition to those who really need it. Any wonder why many rich people are very wary?

I wanted to have more, I know more money can do a lot more, but I no longer in that illusion that money is correlated with happiness. Affording all the luxuries of life will improve the happiness index when you are enjoying it but the payback is high when you lose it. You might not lose your wealth but your health.

If relationships hinged on affordability, the relationship is transnational, not too far off from visiting the prostitute, to put it very bluntly.

We are unhappy because of many reasons, money is seldom the crux of it.

Pursuit happiness, and if money gave you that, pursuit money. If not, there is no need to pursue anything. Happiness is always around you in abundance, like air. But if you want to bottled it...
You can't. You can exercise and get bigger lungs to breath it more air, but is that really?? Just be mindful of breathing.

Silly grumbling

10 comments:

  1. Replies
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  2. Hi SMOL

    Economist will tell you there is a correlation.

    But they live on data so I guess while there are outliers, there are some truth that there are correlation between money and happiness.

    ReplyDelete
  3. Hi B,

    Think there is definitely correlation.

    Not many are really chasing money at as end of itself. Just that we like to perceived them as chasing money since they are busy earning them. For them, it could be pride in work or whatever, and the money is just a by product

    Of so many occupations, some are more money-hazard, meaning chasing them itself is a end ...

    It is just conventional wisdom with some truth in it, but mostly perceived truth rather than absolute

    ReplyDelete

  4. http://www.investopenly.com/2015/12/want-happier-life-dont-focus-on-wealth.html?m=1

    ReplyDelete
  5. Lol,

    I read those articles years ago, but with different majority, different understanding and difference actions

    ReplyDelete
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