Link of the Day – Money Only Makes You Happy If You’re Richer Than Your Neighbors

This is a rather old study, done in March 2010, but I’m just stumbling across it and I thought you might find it interesting, too.


The study explored the connection between money and happiness, wondering why money makes some people happy and not others. It’s results found that a lot of money makes you happy – but only if you have more than your friends.


I’m reading this book right now: Shiny Objects: Why We Spend Money We Don’t Have in Search of Happiness We Can’t Buy, and I plan to summarize it for you soon. It’s main point is that money can’t buy happiness.  This study seems to suggest that it CAN buy happiness – but only if you have more of it than someone else.


What do you think? Is this human nature? How do we get out of that mindset?

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