Money buys you happiness

Money is not the only factor that affects a person's sense of happiness


They say money does not buy happiness. But the researchers proved the opposite.
And according to research published by Warrick University, earning a thousand pounds may change one's outlook on life.
But a profit of less than a million pounds is unlikely to have a long-term impact on one's life. The researchers found that good marriage and good health may make people happier than money.
Professor Andrew Oswald, who heads the research team, said: We found a strong relationship between financial gain and a person's sense of happiness and mental health.
He said: A small amount of money will not solve a major health problem or a complex psychological problem.
"But we can see an improvement in a person's mental health once they earn a little bit of money," he added.
Oswald said: Generally speaking the greater the profit the greater the joy the result. Large amounts are better than small amounts.
The researchers looked at more than 9000 families in Britain in the 1990s.
During the 1990s, some of those researched earned hundreds of thousands of pounds, which gave researchers an opportunity to look at the profit impact.
The researchers used accurate devices to measure the mental health of the winning individuals and the happiness resulting from the gain.
Professor Oswald said that money is not the only factor affecting one's mental health and happiness.
He said: There are many factors in life that generate happiness and psychological comfort - including success in marriage and work.
The research revealed that women tend to be happy with money, and that individuals in their thirties are less likely to be happy with money.