Money and Happiness


img_1495If this passage describes you, consider doing as the Lord challenged Israel, through the prophet Haggai, to rebuild His house instead of investing in their own wants and needs. (thedailyverse.com)

You have sown much, and harvested little. You eat, but you never have enough; you drink but you never have your fill. You clothe yourselves, but no one is warm. And he who earns wages does so to put them into a bag with holes. “Thus says the Lord of hosts: Consider your ways.” Haggai 1:6,7

Michelle writes, When I read this passage I see that God was challenging their ungratefulness and the lack of satisfaction gained by material items. AKA… Money can’t by happiness.

Three key lessons from across the literature:

1. Money increases certain types of happiness more than others.

 About four years ago, Princeton researchers made headlines with a new study showing that happiness increases along with income up until $75,000, after which point it plateaus.2. If money can’t buy happiness, happiness just might generate money.

That is, they write, “people who are predisposed to feel sad may… be less likely to maintain the effort necessary to find a better paying job.”

3. You can control the impact of money on your happiness.

For every study about the relationship between money and happiness, another identifies exceptions to the rule. Some even show that many super-rich people—23% of them are overwhelmed by constant financial stress. The takeaway? Just focus on simple strategies for getting the most happiness out of the money you already have.

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