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Research Says Money Will Make You Less Sad, But Not Necessarily Happy

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Money won’t make you any more optimistic or upbeat, but it will certainly make life’s inconveniences suck a whole lot less.

That’s the conclusion of a study conducted at the University of British Columbia that sought to determine whether money can truly buy happiness.

Researchers led by graduate student Kostadin Kushlev looked at data from a 2010 survey in which 12,291 Americans were asked about their income and general emotional state, according to Metro News.

Those who made more money were found to experience less sadness on a daily basis but not more happiness than their less well-off counterparts.

Kushlev told Metro News,

Income can buffer us against some of these things that might cause more sadness in our lives but it doesn’t necessarily provide the things necessary to increase our happiness.

So contrary to what one might expect, a decrease in sadness does not automatically lead to an increase in joyous, carefree days.

The team attributed the diminished sadness to being able to quickly eliminate nuisances that could become major problems for low-income individuals.

Someone with a higher income might not fret over having to buy a new car part, whereas those with less money would be constantly worrying about the vehicle’s condition until they could afford to fix it.

The ability to comfortably make large purchases when tragedy strikes, however, apparently does not make one happier when he or she gets up in the morning.

Kushlev said,

People who are dedicating their lives to getting richer should at least know that getting richer won’t necessarily increase their happiness on a daily basis.

He hopes his findings will inspire others to look further than their bank accounts when pure happiness is the objective.

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