Does money, even when borrowed, make us happier – or does the state of owing money add to our dissatisfaction and stress?
Humans have long debated the adage ‘Money can’t buy you happiness.’ Popular opinion suggests that, indeed, it cannot, but more recently researchers have challenged this notion. Based on extensive studies, investigators found that money, or income, can contribute to your happiness. In our capitalist society, income leads to increases in happiness to the extent that funds are required to attain the things that lead to happiness. By meeting needs for shelter or food, allowing the purchase of a home or groceries, or opening the window to experiences such as adventure or travel, money can increase our sense of satisfaction with life.
In this new study, mindfulness-based intervention in schools did not move the needle on teen anxiety, depression, or body image problems.
The world economy is often measured in terms of money, but is this the best method?