Comments on: Can Money Buy Happiness?

By: Eric N.

Eric N. — Tue, 27 Jan 2009 08:10:37 +0000

Take me with you Wally!

By: thomas

thomas — Tue, 27 Jan 2009 03:59:55 +0000

Expensive doesn’t always mean better – you are right about that. Does money buy happiness? It sure doesn’t suck.

By: carla

carla — Mon, 26 Jan 2009 23:21:27 +0000

I agree with Tom. Not knowing how you’re going to pay for that $1,000/month medication, rent food, etc is not very fun. On the other hand, happiness largely comes from within regardless of your circumstances.

By: Tom

Tom — Sun, 25 Jan 2009 23:51:35 +0000

Money can buy a feeling of safety.
If you’re broke and living paycheque to paycheque, the constant worry can be damaging and frankly, not much fun.

By: SimplyForties

SimplyForties — Sun, 25 Jan 2009 16:27:48 +0000

What a great video and an interesting bunch of conclusions. Affordability relates to how much money you have available to you. How expensive something is relates to its price versus the price of a similar product. A $64,000 bed that gives you an excellent night’s sleep might well be worth it to Tom Cruise or lots of other high-income people. I can’t help but think a $30,000 a night hotel suite is only about the status. I especially liked the ending where researchers proved that brain activity was different if we though the item was more expensive. Pretty hard to overcome that one! Talk about fodder for marketers! Thanks for sharing the video.

By: ZP

ZP — Sun, 25 Jan 2009 10:16:00 +0000

In my opinion buying a bottle of some liquid for such huge amount of money means that the buyer is out of his mind. That’s all about it.

By: Chiko

Chiko — Sun, 25 Jan 2009 00:32:32 +0000

While expensive isn’t always the better, quit often it is. As I learned in economics, price is determined by demand and supply, it’s expensive because there is a combination of high demand and low supply, People don’t value things that are not good, so for the simple fact that it’s expensive gives us an idea to it’s value. I understand that this is not true in all cases, but it’s true in most (and that’s all that really matters).

By: MoneyNing

MoneyNing — Sat, 24 Jan 2009 18:51:56 +0000

You probably slipped one of the most important question about money into the title “does money buy happiness”!

The feeling of happiness is produced between your ears, so if spending money creates that, then the answer is yes. Of course, not having money can produce the same thing.

So it’s really all just a personal question and especially one that changes over time (as your reference and standards change).

By: over the hill

over the hill — Sat, 24 Jan 2009 17:46:57 +0000

Money can’t buy happiness but it CAN buy your way out of despair.

By: tom

tom — Sat, 24 Jan 2009 16:52:57 +0000

Depends how you use the money.

When I watched a video by John Chow and he was talking about his lifestyle.
He specifically said that his success buys him more time, for things that matter, which in his case, it was his daughter.

Personally, it does go beyond that a bit, because it does buy you time to do things you really want. Such as traveling, writing, sports, philanthropy, etc.

By: saladdin

saladdin — Sat, 24 Jan 2009 16:34:04 +0000

Then go back to living in poverty. Why be less happy now when you know the answer to being happy?

Money can buy happiness. If not then why do blogs like this exist?

saladdin

By: Mrs. Accountability

Mrs. Accountability — Sat, 24 Jan 2009 15:23:49 +0000

I agree, expensive does not always mean the best! And money cannot buy happiness. It is a state of mind and you can be happy no matter how poor you are. I feel like I was happier years ago when we were living below poverty level because I had my days and weeks entirely to myself – well, I wasn’t alone, I had my children, but my point is now I have to work and that cuts into the fun things I like to do.

By: the weakonomist

the weakonomist — Sat, 24 Jan 2009 14:56:46 +0000

Replace the veyron with a Zonda, and yes money can buy happiness.

In truthiness though, of course it can’t. But money can buy you a heck of a lot of fun!