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Can money buy happiness?

Can money buy happiness?

Credit: AP

by Terri Gruca

Bio | Email | Follow: @TerriG_KVUE

kvue.com

Posted on July 9, 2010 at 9:10 AM

Can money buy happiness?

It’s a question many of us have probably asked and many researchers have tried to answer. Some experts think a Gallup survey of 136,000 in 132 countries has gotten the most comprehensive answer to that question.

That survey found the majority of people think money can buy happiness.

However the survey also showed  those positive feelings are much more strongly affected by other factors like feeling respected, being in control of your life and having friends and family to rely on in a pinch.

The Washington Post asked several different psychologists across the country to weigh in on the study including Barbara Fredrickson, a psychology professor from my Alma mater the University of North Carolina at Chapel Hill.

"The thing I think is exciting about this is money can make you feel better in a limited way," she said. "But positive feelings like enjoyment and laughing can do a whole lot more for people. They can help people grow and learn and become a more resilient, better version of yourself."

What do you think? Does money buy you happiness?

Add your comments below or on our KVUE Insider page.

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