- Bargaineering - http://www.bargaineering.com/articles -

Can Money Buy Happiness? Brits Say Yes!

Posted By Jim On 06/11/2007 @ 4:25 pm In General | 2 Comments

According to a strict and formal study [3] done by a team from the University of London discovered that the happiness derived from getting married is equivalent to a pay raise of £53,833, or approximately $106,169.44 (according to Google). Excellent health is worth £304,000 ($599,548.80) whereas good health worth only a bump in pay of £251,000 ($495,022.20). Some would say that they’d take the $160k over getting married…

What’s interesting about the study is the fact that income didn’t matter, just relative changes. That is say, you aren’t happier by default if you make $100,000 versus $90,000, but if you increase from $90,000 to $100,000, you are actually happier. This, of course, is a concept that is studied over and over again in psychology and something you’ll often see in mainstream media.

I wouldn’t read too much into this but it’s certainly an intriguing study.

Bonus joke:
Why is divorce so expensive?
Because it’s worth it!

Article printed from Bargaineering: http://www.bargaineering.com/articles

URL to article: http://www.bargaineering.com/articles/can-money-buy-happiness-brits-say-yes.html

URLs in this post:

[1] Tweet: http://twitter.com/share

[2] Email: mailto:?subject=http://www.bargaineering.com/articles/can-money-buy-happiness-brits-say-yes.html

[3] strict and formal study: http://www.thisislondon.co.uk/news/article-23400056-details/Scientists+calculate+how+much+money+it+costs+to+buy+happiness/article.do

Thank you for reading!