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In the Name of God بسم الله

Money DOES NOT buy you happiness..scientists say

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Your next raise might buy you a more lavish vacation, a better car, or a few extra bedrooms, but it's not likely to buy you much happiness.

Measuring the quality of people's daily lives via surveys, the results of a study published in the June 30 issue of journal Science reveals that income plays a rather insignificant role in day-to-day happiness.

Although most people imagine that if they had more money they could do more fun things and perhaps be happier, the reality seems to be that those with higher incomes tend to be tenser, and spend less time on simple leisurely activities.

Scaling bad mood

In 2004, the researchers developed a survey tool that measures people's quality of daily lives. Then they asked 909 employed women to record the previous day's activities and their feelings towards them.

The study focused on women because the researchers wanted to study a homogeneous group while the surveys were in the early developmental stages.

Recently, the researchers revisited the data from the 2004 and focused on correlating the amount of income with the percentage of time each participant reported as being in a bad mood each day.

It was expected that those who made less than $20,000 a year would spend 32 percent more of their time in a bad mood than those that had an annual income greater than $100,000.

In reality, the low-income group spent only 12 percent more time in a bad mood than their wealthier counterparts. This suggests that the link between income and mood has been perhaps overstated.

The researchers once again surveyed another group of women in 2005. In this study, participants not only recorded their overall satisfaction with life but a moment-to-moment account of their contentment.

The results showed that higher income had less of a correlation with momentary happiness than with overall life satisfaction.

"If people have high income, they think they should be satisfied and reflect that in their answers," said study team member Alan Krueger, an economist from Princeton University. "Income, however, matters very little for moment-to-moment experience."

More chores, less fun

Krueger and colleagues also looked at data from a Bureau of Labor Statistics survey to see how people in different income brackets spent their time.

What they found was that those with higher incomes had more chores and less fun.

They devoted more time to working, commuting, childcare, and shopping and were under more stress and tension than those in lower income brackets.

According to government statistics, men who make more than $100,000 a year spend 19.9 percent of their time on passive leisure activities such as watching television and socializing. Meanwhile, men whose annual income were less than $20,000 spent more than 34 percent of their time dedicated to passive leisure.

Although the correlation between income and life satisfaction is weak, people are highly motivated to increase their income. This illusion may lead to more time spent on activities like commuting while sacrificing time spent on socializing, something that people consider amongst the best moments of their daily life, the researchers said in the study.

http://news.yahoo.com/s/space/20060629/sc_...HBhBHNlYwM5NjQ-

Edited by ShahLatif
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(salam)

That's very interesting. I wasn't expecting anything different really. I know this man who is a multi millionaire and he's hardly ever around his family, what's the use of money when you're not there for your family when they need you :squeez: Some peoples aim in life is just to increase the amount of money and posessions :dry:

Usually richer people think that by giving their family money and buying them what they want will make them forget about their absence and be happy. However we all know that is not the case. May Allah guide and protect all of the ummah

Wassalam

Edited by iraqia_uk
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I could have told you that from my own experience, without any scientific data. Poverty was much more relaxed than this thing that I am now.

Link doesn't work for me, btw.

(salam)

I agree and sympathize.

My wife and I just purchased a new minvan (first new car I've every purchased, alhamdullilah) and paid alot of money for it. It's much easier not to have something in the first place then to have it and honestly not care if it just disappeared from the face of the earth. May Allah (swa) help and guide us all, and help us to "die before we die".

Edited by Ali Zaki
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  • 3 weeks later...
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(salam)

Money is a tough thing. If I have money then its a gift from God. And I always get the feeling that He is watching what i do with it and how I spend it. I guess if you have lots of money, you're more likely to waste it, than if you had no spare money at all. So maybe it's just better to have just enough.

The role models of our lives didn't need money....their beleif in Allah was sufficient wealth for them. It's important to remember that....sometimes I lose focus and get caught up in my career, or in the way my house looks to others...it's crazy. The trouble is, there's always going to be a better career.....or a better looking house out there....its a race you can never win or be satisfied with. Seriously how many rich people do you know that are content with the amount of wealth they have ammassed and are happy to sit back and just relax? They ALWAYS seem to want more and more. Where does it stop? Money and work just end up becoming your religion.

The Quran gives very specific definitions of success....and not once has a bank balance been mentioned!

I recommend spending more time in nature and with animals....honestly seeing a beautiful insect or plant that reminds you of the beauty of Allah's (swt) creations always fills you with more joy and excitement than any luxury car/handbag ever could.

No one's ever going to remember being poor when they're in heavan :)

Edited by hashmo
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^No. Near-dire poverty is way nicer than moderate wealth - more time to spend with kids, less stress, less difficult decisions to make (if you can\'t afford it, you don\'t have to decide on it). The food choices get boring after a while, and you do have some annoying stresses, like collecting change from friends who are also poor to pay for electricity, for example, but its still easier and nicer. You learn who your real friends are. I despise money, and wish someone else would take all mine, pay my expenses for me, and I wouldn\'t have to deal with it. Poverty is SO much better than middle-class income - especially for a single mom.

Note from mod: Stop insulting members on this forum

Edited by Zareen
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Salams,

I've always believed in the statement Money can't buy happiness!! I have had much to be thankful for in my life. Money can't buy happiness, nope, nor can it buy love, the sky, the ocean etc.. it's so nice to be grateful for all these great gifts that Allah(swt) has allowed us to have. Money is 'man-made' why would I want something man-made when I can enjoy something made by Allah(swt)? :)

Edited by Trin
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^I am not a liar. But it would be very irresponsible of me to give up my 50 hour per week white collar job, to put my kids back on beans and rice for every meal, just so I can run up debts again, and actually raise my own children instead of paying someone else to do it.

and now she brags about the money she earns... what a drama queen

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In 2004, the researchers developed a survey tool that measures people's quality of daily lives. Then they asked 909 employed women to record the previous day's activities and their feelings towards them.

The study focused on women because the researchers wanted to study a homogeneous group while the surveys were in the early developmental stages.

Of course, it's impossible to make them happy!

In reality, the low-income group spent only 12 percent more time in a bad mood than their wealthier counterparts. This suggests that the link between income and mood has been perhaps overstated.
The results showed that higher income had less of a correlation with momentary happiness than with overall life satisfaction

So maybe money does buy limited happiness, and it does indeed contribute to overall life satisfaction.

According to government statistics, men who make more than $100,000 a year spend 19.9 percent of their time on passive leisure activities such as watching television and socializing. Meanwhile, men whose annual income were less than $20,000 spent more than 34 percent of their time dedicated to passive leisure.

Maybe there are also more lazy people among the poor.

Anyways, there was an article today that described happiness in different countries, see how many of the countries at the top are poor.

http://news.bbc.co.uk/2/hi/health/5224306.stm

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Well, it depends what your motives are. If you plan to use that wealth to fulfill your materlistic desires, then yes, true happiness will never be achieved. Its in our nature to want more...and then more...and then more.

But one can also do great things with that money. Like helping their community, helping out poor people, helping kids in other countries with their education money etc etc.

If i make alot of money in life(inshallah) i sincerely plan to do the latter. Trust me, i'll me more than happy.

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