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Money really doesn't buy happiness, study finds
AFP ^ | Feb 13 12:19 PM

Posted on 02/13/2006 10:19:16 AM PST by new cruelty

Money really doesn't buy happiness, study finds Feb 13 12:19 PM US/Eastern Email this story

Money doesn't buy happiness, and now there's a study to prove it. Australian researchers found that people in well-off Sydney are among the most miserable in the country, while those in some of the poorest areas are much more satisfied with their lives.

"Only at very, very high levels does money actually have any impact to act as a buffer," said Deakin University researcher Liz Eckerman.

"Money doesn't actually buy happiness and that's what was shown very clearly for the nearly 23,000 people we've interviewed so far," she told ABC radio.

The findings, collated since 2001, show that while there are no extremes of well-being in Australia, the happiest areas had a lower population, more people aged 55 or over, more women, more married people and less income inequality.

The survey assessed a person's satisfaction with their standard of living, health, relationships, life achievement, safety, community connection and future security.

Robert Cummins, a professor of psychology at Deakin who compiled the survey's scorecard, put the difference down to the higher cost of housing and high population density in cities.

"People in these rural electorates often have the advantage of additional disposable income since the cost of living, particularly housing, tends to be reduced outside the cities," he told The Australian newspaper.

Of the 150 national electorates surveyed, one of the nation's poorest, Wide Bay in rural Queensland, was among the happiest.


TOPICS: Australia/New Zealand; Business/Economy; Culture/Society; News/Current Events
KEYWORDS: backoffimascientist; happiness
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...researchers found that people in well-off Sydney are among the most miserable in the country

If it will help, I am more than happy to take the money off their hands.

1 posted on 02/13/2006 10:19:17 AM PST by new cruelty
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To: new cruelty

It can rent it for a time, though. :^)


2 posted on 02/13/2006 10:20:21 AM PST by TheBigB (Meanwhile, at the Hall of Justice...)
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To: new cruelty

Sorry, I'll be the judge of that. Send a bunch of money over.


3 posted on 02/13/2006 10:20:41 AM PST by PCBMan (I aim to misbehave.)
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Comment #4 Removed by Moderator

To: new cruelty

Anyone who thinks money can't buy happiness doesn't know where to shop.


5 posted on 02/13/2006 10:21:24 AM PST by JJR RNCH (Your mother doesn't work here!! Clean up after YOURSELF.)
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To: new cruelty

Well-off does not equal rich.

Many of them are probably up to their eyeballs in debt, living paycheck-to-paycheck, afraid of losing their high-paying job or of the profits from their business declining even slightly.


6 posted on 02/13/2006 10:21:28 AM PST by proxy_user
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To: new cruelty

Sugar Ray Robinson said in his Biography:

"I've been rich and I've been poor. Rich is better!"


7 posted on 02/13/2006 10:22:49 AM PST by Mikey_1962 (I grew up in a slum, when I got to college it had become a "ghetto".)
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To: new cruelty

It may not buy hapniess but it buys a lot more and better quality booze to drown the sorrows in.


8 posted on 02/13/2006 10:22:58 AM PST by x5452
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To: new cruelty
It would be interesting to correlate this study to how much these people go to church. I have a felling the poor rural folks are happier because they are practicing Christians, where the rich city folks have a higher percentage of atheists or socialists who think socialism is a religion...
9 posted on 02/13/2006 10:23:10 AM PST by 2banana (My common ground with terrorists - They want to die for Islam, and we want to kill them.)
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That's just what they want you to think.


10 posted on 02/13/2006 10:23:36 AM PST by vollmond (Careful with that axe, Eugene!)
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To: JJR RNCH

LOL!


11 posted on 02/13/2006 10:23:38 AM PST by Hildy (The only difference between a rut and a grave is the depth)
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To: new cruelty

Yeah, but I'd rather be rich and unhappy than poor and unhappy.


12 posted on 02/13/2006 10:24:19 AM PST by joebuck
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To: new cruelty
Money can buy you independence. Which is a good thing (IMHO).

However, most people's budgets expand to match their income -- the size of their bills grow to match their increased income. And then independence is gone.
13 posted on 02/13/2006 10:24:57 AM PST by dhs12345
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To: new cruelty

In the words of the profound philosopher, David Lee Roth, "Money may not buy happiness, but it can buy you a REAL BIG boat you can sail up alongside it in."


14 posted on 02/13/2006 10:25:47 AM PST by linda_22003
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To: joebuck

My wise ol' Grandpappy allus used to say, "It's better to be rich and healthy than to be poor and sick." I still think that makes a lot of sense, even today. :^)


15 posted on 02/13/2006 10:25:57 AM PST by TheBigB (Meanwhile, at the Hall of Justice...)
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To: joebuck

No kidding. I have never seen a beautiful women marry a poor man. They must know something.


16 posted on 02/13/2006 10:26:01 AM PST by edcoil (Reality doesn't say much - doesn't need too)
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To: new cruelty
"And He said to them, “Take heed and beware of covetousness, for one’s life does not consist in the abundance of the things he possesses.” -- Luke 12:15

17 posted on 02/13/2006 10:26:25 AM PST by Mark Felton ("Your faith should not be in the wisdom of men, but in the power of God.")
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To: new cruelty

8 If you see the poor oppressed in a district, and justice and rights denied, do not be surprised at such things; for one official is eyed by a higher one, and over them both are others higher still. 9 The increase from the land is taken by all; the king himself profits from the fields.

10 Whoever loves money never has money enough;
whoever loves wealth is never satisfied with his income.
This too is meaningless.

11 As goods increase,
so do those who consume them.
And what benefit are they to the owner
except to feast his eyes on them?

12 The sleep of a laborer is sweet,
whether he eats little or much,
but the abundance of a rich man
permits him no sleep.

13 I have seen a grievous evil under the sun:
wealth hoarded to the harm of its owner,

14 or wealth lost through some misfortune,
so that when he has a son
there is nothing left for him.

15 Naked a man comes from his mother's womb,
and as he comes, so he departs.
He takes nothing from his labor
that he can carry in his hand.

16 This too is a grievous evil:
As a man comes, so he departs,
and what does he gain,
since he toils for the wind?

17 All his days he eats in darkness,
with great frustration, affliction and anger.

18 Then I realized that it is good and proper for a man to eat and drink, and to find satisfaction in his toilsome labor under the sun during the few days of life God has given him—for this is his lot. 19 Moreover, when God gives any man wealth and possessions, and enables him to enjoy them, to accept his lot and be happy in his work—this is a gift of God. 20 He seldom reflects on the days of his life, because God keeps him occupied with gladness of heart.

Ecclesiastes 5:8-20


18 posted on 02/13/2006 10:27:27 AM PST by Jeremiah2911
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To: new cruelty

Its like Spock once said: "Having is not always as desirable as wanting."


19 posted on 02/13/2006 10:27:55 AM PST by AZRepublican ("The degree in which a measure is necessary can never be a test of the legal right to adopt it.")
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To: new cruelty

Gosh, really? Money doesn't buy happiness? I can't believe it! What an amazing idea! I mean, I've never heard this before! Thank goodness someone did a study on this new and profound concept so we could be enlightened.


20 posted on 02/13/2006 10:28:47 AM PST by American Quilter (Reality is that which, when you stop believing in it, doesn't go away. - Philip K. Dick)
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