Do You Need Money To be Happy?

Money Can Buy You a Limited Amount of Happiness
Studies have shown that yes, having enough money to meet your needs and
those of your family does bring happiness. People living in poverty are
generally less happy than those whose needs are met. Being able to pay for
your bills and having enough to get by financially will help you succeed in
feeling happy.
Excess Money Doesn’t Equal Excess Happiness
Having more money than you need, however, will not bring you extra
happiness. Money and happiness are not proportional. Someone with enough
money to buy a large house and several cars will not necessarily have more
happiness than another individual with exactly what they need.
Money Brings Stresses of Its Own
There is stress that goes along with having money. Whether you have a little
or a lot, you likely know about this stress. There is the stress of knowing you
need to spend what you have wisely, as well as the fact that people with
ulterior motives are drawn to those who are financially wealthy.
Not About What Comes in But What Goes Out
It is not so much the amount of money that you make that ensures your
happiness, but about what you are spending it on and where it is going on
the way out. There are some principles for using money that can help you to feel more satisfied. Where you put your money and who receives it can
make a difference as to whether you gained something by having had it.