Can Money Buy Happiness?

1637 WordsMay 24, 20177 Pages
Does Happiness Come With A Price? Malcom Williams Can Money Buy Happiness? Abstract In this paper, I argue and show various sources addressing the correlations between money and happiness through subjects such as pro-social spending, materialism, the pursuit of spending on others, and the effects of homelessness on physical and mental health. Much of the time, cash can have a negative impact on both, particularly the. Now and again, in any case, cash may positively affect satisfaction and wellbeing, especially through financial stress. In some cases, I prove that money may also have a positive effect on happiness and health, through spending money on others, for example. This paper will investigate on how you can purchase…show more content…
Eventually, the question is “Can money buy happiness for those who spend it wisely”? This question relies on the individual, yet I, alongside numerous others, trust that everybody can purchase happiness with the correct use of their money. I recently did some research and I found on livescience.com, “Five things that will make you happy,” by Clara Moskowitz. Her research supports the claim stating, “Some scientists have argued that happiness is largely determined by genetics, health, and other factors mostly outside of our control, but recent research “suggests people actually can take charge of their own happiness and boost it through certain practices.” “ The billion-dollar question is, is it possible to become happier?” said by the psychologist, Sonja Lyubomirsky of the University of California, Riverside. "Despite the finding that happiness is partially genetically determined and despite the finding that life situations have a smaller influence on our happiness than we think they do, we argue that still, a large portion of happiness is in our power to change”. According to Wall Street Journal writer Robert Frank (12 May 2017), “The research on wealth and happiness is filled with contradictions. For ages, studies showed that more money didn’t bring more happiness and that happiness plateaued at a certain income or wealth level once certain needs were met”. Happiness comes without a price tag, it gives the idea that the more money

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