Can Money could Buy Happiness?

Mr. Fact
FactScan
Published in
1 min readAug 8, 2019

You must have heard the Line “Money can’t but Happiness”. Well, the statement is not correct. Let’s find out why?

Researcher’s at US National Institute of Health had discovered a link between charity and activation in the part of Brain which is associated with Happiness. It means that if you spend your Money in some charity, you will be happy.

Let’s discuss some other ways, how money can make us happy.

Spending money on Loved ones: Spending money on your loved ones will also make you happy and it will also strengthen your relationship.

Eliminate Financial Stress: Money reduces the stress of Finances. It gives you the Freedom to do Certain things that will give you happiness.

But, does money have any effect on the Wellbeing of a person. One survey done by two Noble Prize winner Danieal Kahneman and Angus Deaton showed that the level of Wellbeing Increase to the salary up to 75,000 Dollars. But after that, increasing the amount of money had no further effect on happiness.

This means that to some extent money will give you Happiness. Money is just a tool to get Happiness. You can either use or criticize it. It’s totally your choice.

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Mr. Fact
FactScan
Editor for

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