Wealth is not the key to happiness
By: Kaajal Sharma
It is known that money is directly linked to our wellbeing. Having sufficient money improves our living conditions, and increases social status. However, we all must take note that happiness may be seen to increase by income, but this this increase will only be bound to a certain level.
There is a myth believed by most people that the presence of wealth is a fast track to happiness. Various international studies, on the other hand, have shown that it is actually the quality of our personal relationships with people that make a huge difference to our wellbeing, and not the number in our bank balance.
The strong belief in this myth can prove to be very harmful towards an individual's wellbeing. For example, someone working for long overs in greed of a high income will at some point in life realise that they have missed out on a lot of time with their family, friends and leisure pursuits.
The more a person works, the higher the reduction of a person's life satisfaction will be. Research indicates that people who pour in all the efforts for extrinsic goals (for example, wealth or fame) have a higher chance to be anxious, depressed and dissatisfied than the people who enjoy the essence of a happy relationship with their loved ones.
Reference:
- https://www.betterhealth.vic.gov.au/health/healthyliving/wellbeing
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