Question of the Day!
SPRAGGETT ON CHESS
Wiki defines happiness as ”a mental state of well being…” I suppose that is a good enough place to start, but the reality is that while most of us would agree with that definition, it falls short of helping us to find happiness and achieve it in our daily life. Atleast, we don’t seem to be able to maintain that ”happiness” for any durable period of time.
For most of us, our life seems like an endless quest for finding and embracing happiness…that kind of enigmatic happiness that our parents constantly told us about. That kind of happiness that our parents wanted us to grow up and have. How many times we were told that ”money can not buy happiness”…BUT IS THAT SO? That brings us to the topic at hand…
QUESTION OF THE DAY:
CAN MONEY BUY YOU HAPPINESS?
(And if so, what is the minimum dollar amount that I would need?)
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ANSWER:
Yes! Money can buy you happiness, or atleast, you can not be happy for less that $60,000 a year! LINK
Daniel Kahneman is an Israeli-American psychologist and Nobel Laureate, specializing in the psychology of judgement and decision-making, behavioral economics and hedonic psychology. In the video below, he argues a very pragmatic perspective, that is, that while money should not really buy you happiness ‘’We know something about what controls satisfaction of the happiness self. We know that money is very important…I think the most interesting result that we found in the Gallup survey is a number, which we absolutely did not expect to find. We found that with respect to the happiness of the experiencing self. When we looked at how feelings vary with income. And it turns out that, below an income of 60,000 dollars a year…we can not be happy at all. ”
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[youtube http://www.youtube.com/watch?v=XgRlrBl-7Yg]
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[youtube http://www.youtube.com/watch?v=SMwZsFKIXa8]