Link Between Income & Happiness Essay

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Link between income and happiness is mainly an illusion Money won't make you happy, or at least, not as happy as you might think. While most people believe that having more income would make them happier, Princeton University researchers have found that the link is greatly exaggerated and mostly an illusion. Two Princeton professors came to the conclusion that: People with above-average income are relatively satisfied with their lives but are barely happier than others in moment-to-moment experience. They tend to be more tense, and do not spend more time in particularly enjoyable activities. Professors conducted a survey, in which women were asked to report the percentage of time spent in a bad mood the previous day, they were asked to predict how much time people with certain income levels spend in a bad mood. They Survey respondents expected women who earned less than $20,000 a year to spend 32 percent more of their time in a bad mood than they expected people who earned more than $100,000 a year to spend in a bad mood. In actuality, respondents who earned less than $20,000 a year reported spending only 12 percent more of their time in a bad mood than those who earned more than $100,000. So the effect of income on mood was vastly exaggerated. High income=high tension The researchers also examined data on how people with different household income levels spend their time. These data show that people with higher incomes devote relatively more of their time to work, shopping, childcare and other "obligatory" activities. Women surveyed by the researchers in Ohio associated those activities with "higher tension and stress." People with higher incomes spend less time on "passive leisure" activities such as socializing or watching television, which the respondents viewed as more enjoyable. Pursuit of happiness "Despite the weak relationship between income and

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