A Essay On Money Can Buy Happiness

Money is very improtant thing in this world. It is essential to lead a decent life- withouth them you can not buy neccessary things such as food, drink, clothes. But fortune could also make you feel unhappy.
First advantage of having a lot of money is an opportunity to buy things which could make you feel better. If you want to have new shoes, a new mobile phone- you can buy it, that is not problem.
Secondly, you can make your dreams come true. Many people dream about adventures, trips for all they life, but the poor can not afford to go for a journey. The rich can go wherever they want: to Turkey, Greece, USA- they do not have to worry about money.
On the other hand, there a lot of disadvantages of having a lot of money. Firstly, there could be people, who envy you. You could be surrounded by phony people, who could "like" you only because of your money.
Secondly, you can not buy everything. For example: true love. That is a beatiful feeling, which is priceless. You can love someone anly for his character, not for money. Next thing is health. Even if you have a fortune, there are a lot of illnessess, which can not be treated. There is no divide for the poor and the rich- you can not win with dead.
In my opinion money can not buy happiness. You can gain things, which make you feel better only for a moment, not for all live. I think, the true happiness is not for sale.


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Scientific evidence has shown us that in fact, money DOES buy happiness, but only to a certain point. 

A famous Princeton study (linked below) found that emotional wellbeing increases steadily with income, up to around $75,000 per year. After that point, income does not have much of an effect on emotional wellbeing. 

Research has previously shown that low income families are more likely to divorce than higher income families (see NCFR link), and that lower income couples were more likely to have their relationship negatively influenced by money problems. Together, these facts suggest that conflict within low income families can often relate to money problems, leading to unhappiness and divorce at higher rates than high income families. 

The Princeton study has found that low income families also experience more emotional distress from unfortunate life events (which include poor health and loneliness as well as divorce) than do higher income families. 

With that said, it seems clear that $75,000 for a family isn't really all that much money. Two parents earning just over $37,000 per year will earn that much (which works out to around $18 per hour per parent working 40 hours per week). Clearly, though, a single parent earning that salary will earn far below the 'happiness threshold', and will suffer from many of the financial troubles experienced by low income families. 

Essentially, I think the data shows us that money can buy happiness if you are in poverty or struggling with money. In this case, the money will eliminate several sources of unhappiness, such as stress and marital conflict over finances. But once you have a comfortable family income: enough to pay for all your fixed expenses (such as rent/mortgage, bills, and groceries) and maybe a few luxuries (movie tickets), money doesn't really have much of an impact on happiness. 

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