Can Money Purchase Happiness? An Economic Investigation and Analysis

This essay delves into the intricate relationship between money and happiness, a topic explored through an economic lens. The introduction establishes the complexity of defining and quantifying happiness, suggesting that while money may provide a foundation for basic needs, it is not a sole determinant of contentment. The main body examines various perspectives, including how money can improve the quality of life, and the limitations of this correlation, such as the potential for diminishing returns and the impact of social comparisons. It explores the influence of income levels on emotional well-being, the role of material possessions, and the significance of experiences over material goods. The conclusion reinforces the idea that while money can contribute to happiness by fulfilling basic needs and enabling certain experiences, it is not a guarantee of lasting happiness. The essay emphasizes the importance of personal connections, life experiences, and gratitude in achieving overall well-being, ultimately suggesting that happiness is not solely purchasable and is often found in intangible factors.

Can money buy happiness ?

Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8

INTRODUCTION
Happiness is the feeling in the human being which have the reeling through the various sermons.
In addition to that’s it very tough to say that whether can have the buying of happiness because
the happiness has the different aspects which is difficult and next to impossible to the define it
(Lam, 2018). On the basis other perception of the researcher, I have been stated as the money
helps you in proving their basic level of conforms that’s can be considered as the prerequires for
experiencing the happiness. On there other hand, happiness is the company emotions which is
been influenced by their intangible factors such as one personality. Though the possessing there
certain amount of wealth’s may make it more statistical one to have the leading the happy life
but have no means to have been the sol determinant of happiness.
MAIN BODY
Happiness is the feeling in the human being which have the reeling through the various
sermons. This have the inclusion of the many objects and materials which is proving the
happiness to the human desire. Money can have the fulfilling the happiness which is being
lacked for the longer period of time. There have been the various reasons which the human
being has the thinking that’s can actually buy him the happiness. As money is helping in
increasing the quality of life’s in way of buying the happiness. This situation ca only an
individual better in duals in have his means by living he modest level if lifestyles and suddenly
pursue there happiness in the right way.
On the other hand, the people have the several level of estimations regarding how much pleasure
they will be getting with the increasing in luxurious item in their lifestyle. But actually, there is
no need for their extravagant luxuries around uses or there have been trying you just keep here
different in classes of the people (Friedman, 2018.). On basis of the welfare in working m middle
and upper class. As per the researcher, it has been stated as the emotional level of wellbeing
have the increasing the steady emotional wellbeing with the increase of the incomes. But after
the certain point have the much level of effect on the emotional wellbeing. Money can have the
relation to the various issues which is leading the unhappiness and more level of divorcee rates in
the company of higher income and lower income of familiarises. On the other hand, the () have
contradicted the position as the low-income families have the experience more level of distress
from the unfortunate life events as comparative to he higher income familiarises.
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It have been stated as the money tends to make the buying to happiness but inly to the certain
levels as the its helps out the people o have the proper affording of things they love to bee the
part of their life. Money helps the individuals you have the better afroed to travels to different
destination all around the world, greeting up into most comfortable and stylish clothes food for
them and their families, latest forms of technology and everything that is needed in life. On the
other it the world of contradiction, it can never be stated as the lower income of poor people
cannot be happy (Mandziuk, 2017). However, it better to have the assumption as the money is
term to beneficials in those areas of welfare where none of this is creating the distress. Money is
soothing what cans control the whole world with it as it can be turning out to be difficult aspects
of survivals.
On the other hand, Mitchell and Gengler, (2019) have the contradiction as the individuals who
have the money can have the purchasing power and requirement of will to get anything as per
there wants which have the price on it. As all the human being have the different definition for
defining the happiness such as the some of the individuals have the defining of happiness as
good food, good house, cars, tv, tabs, laptops, branded clothes and stuff like that. Though this is
not the right definition for happiness but you need these things to be happy. So, money can buy
happiness, but this type of happiness is not natural or emotional.
As per the view of the researcher, it has been widely stated as the open of the wealthiest
and most successful investors in the world. This have been quoted as the happiness people onto
have the necessarily the best things but they have simply appreciated there the thing they have.
This is the real challenges to make the proper slow donning there get off the treadmill. this have
the working on internally cultivating the greater level of application what you already have. He
individual have the gratitude for beelining there that’s the happiness has the indirect rout to the
financial plenty.
The development of money have the inclusion of the different countries individuals
purchasing power have the unique forms of money which inclusion to the global economies
which are relate to the value of each dollar (Araujo., 2018). This makes it very easy to purchase
items from different countries if you don’t already possess their money type. The different items
have the inclusion of different values as the some of the result in term of practicality and demand
in term of branding and popularity. There is major problems in the reparations of the problem of
accessibilities which can be vain there differ form of long distances trading .
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Money and more happiness have there been the aspect as the nowadays we are lives have
the clear level of dependence of these materials of happiness and comforts. All the material of
comfort has the clear level of depended on purchasing the which can be possible without
moneys. At the first level he money of buying happiness have they been the necessary level of
survivals and without life which is not possible. Hence there have the have the busying of these
thing to the certain degrees. as in the chasing world, the desire of the people have ere been
changing which can sometime goes out of the limit as the money cannot have the buy to
happiness.
While the is the plenty of searchers have the money have the does indeed to have the
buying the happiness in the as the evidences are on both uses of the regular equation. This have
the secret it has seeming the trues happiness can have the personal connections and life
experiences rather than materials goods. There is also the information’s showing the peoples on
the lowest end of the incomes as the scale of vulnerable to depressions and other mother health
problems.
There have the children brain will be getting the benefit growing the body of the
evidences supporting the ideas that’s is growing the up on term of poverty long term impacts
on the children cognitive development. In the most of the case there have been extreme cases as
the children which are enduring the extreme cases children who have enduring the something’s
which is called toxic stress which are actually the haste the altered as their brain.
On the other hand, the Chung, Mathew and Subramaniam, (2019) have stated as the money have
never earned something which is more than the by-product or the value of creations. This have
the clear manner as the more values have been delver to the market places is more value you are
actually creating. Her more people you are serving is the more value you create which is been
identified as the simple logic. In addition to which, it can’t be stated as there being selfish but it
is something important that the individuals tend to pursues in order to be incredibly generous.
Money is important but no everting can be turning us to be helpful in manage the world move.
This have n meaning the money have the attempted to be unsuccessful criteria for
developing any sense of defence but it does also mean that’s having the greater amosite of
money can be tuned out have the creased level of differences. There is just the existence of
moral obligations which could the money provided as the invidiously have the various level of
opportunity to create more money and wealth’s in their different marketspaces. So there make
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the money and consecutive differences along with stoppage of making their false excuse which
are not be happen. This situation ca only an individual better in duals in have his means by living
he modest level if lifestyles and suddenly pursue their happiness in the right way.
Money can have the relation to the various issues which is leading the unhappiness and more
level of divorcee rates in the company of higher income and lower income of familiarises.
Though this is not the right definition for happiness but you need these things to be happy. So,
money can buy happiness, but this type of happiness is not natural or emotional. This makes it
very easy to purchase items from different countries if you don’t already possess their money
type (Goldsmith., 2016). There is also the information’s showing the peoples on the lowest end
of the incomes as the scale of vulnerable to depressions and other mother health problems. In
addition to which, it can’t be stated as there being selfish but it is something important that the
individuals tend to pursues in order to be incredibly generous. Money is important but no
everting can be turning us to be helpful in manage the world move.
At the certain point of time, money is helpful in proving the certain level of happiness but ats
not is here point, the point has the stating statements as the t can have the worthiness to buy
happiness or not. As being the mention of happiness, there is something to have the feeling of
individual is the not nays thing which you can buy form the money, hence the happiness is
actually priceless (McHugh and Carson, 2017). As per the research of the individuals it has been
stated as there it cannot be guarantees the happiness as there is higher spending of the lifestyle to
the greater period of times. There is the various factor which is affecting there influencing the
happiness as to have the telling bigger or more experiences which could be resulted in more
happiness. In addition to that expenses have the directly level of contribution to the development
of happiness as the part of their clears test of financial statement in the developing the immediate
happiness.
In addition, there have been considerable evidences buying any significant level of stuff
never make the individuals happy. By paying for the experiences have the offering of the good
bang when it has come to have the discussion of happiness. The researcher has there have been
assigned to make the spending of feeling happier mood over the course. As per the study done be
the consumer phycology this gave there individuals entablement with the social evil of
connections who have the generally the happiest tendency’s (Lee, 2017) . However, it better to
have the assumption as the money is term to beneficials in those areas of welfare where none of
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this is creating the distress. Money is soothing what cans control the whole world with it as it
can be turning out to be difficult aspects of survivals.
CONCLUSION
From the above file it can be concluded as Money can have the fulfilling the happiness which is
being lacked for the longer period of time. This situation ca only an individual better in duals in
have his means by living he modest level if lifestyles and suddenly pursue there happiness in the
right way. Money can have the relation to the various issues which is leading the unhappiness
and more level of divorcee rates in the company of higher income and lower income of
familiarises. This is the real challenges to make the proper slow donning there get off the
treadmill. There is just the existence of moral obligations which could the money provided as the
invidiously have the various level of opportunity to create more money and wealth’s in their
different marketspaces.
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REFERENCES
Books and Journals
Online
Lam, J., 2018. The EMN Salary Survey: Can Money Buy Happiness? No, but It Sure Helps.
Emergency Medicine News, 40(8). p.8.
Friedman, R.A., 2018. Money Can’t Buy Happiness-But it can fund a secure retirement.
Mandziuk, J., 2017. Why money cannot buy happiness. The painful truth about traditional
proverbs and their modifications. New Horizons in English Studies, 2(1). pp.4-16.
Mitchell, J.S. and Gengler, J.J., 2019. What money can’t buy: Wealth, inequality, and economic
satisfaction in the rentier state. Political Research Quarterly, 72(1). pp.75-89.
Araujo, C.M.L.D., 2018. 'As happy as money can buy: exploring antecedents of happiness
according to purchase type' (Doctoral dissertation).
Chung, E., Mathew, V.N. and Subramaniam, G., 2019. In the Pursuit of Happiness: The Role of
Personality. INTERNATIONAL JOURNAL OF ACADEMIC RESEARCH IN BUSINESS
AND SOCIAL SCIENCES, 9(11).
Goldsmith, R., 2016. The Big Five, happiness, and shopping. Journal of Retailing and Consumer
Services, 31, pp.52-61.
McHugh, S. and Carson, J., 2017. Happiness perceptions—A comparison 1938 and 2014. In The
Changing Nature of Happiness (pp. 69-85). Palgrave Macmillan, Cham.
Lee, H.H.M., 2017. In Pursuit of Happiness: Phenomenological Study of the Konmari
Decluttering Method. ACR North American Advances.
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