So…Can Money Buy Happiness?

0
48

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>In an article by the Office of National Statistics&comma; research showed that households with higher incomes lived more satisfactory lives&period; This was calculated by finding the total household wealth&comma; total household income&comma; and then asking people aged 16 and over how satisfactory their lives were&period; Then the data they received they were able to find out if there is a strong correlation between wealth and life satisfaction&period;<&sol;p>&NewLine;<p>Total household wealth was calculated by summing up net property&comma; net income&comma; physical&comma; and private pension wealth&period; Net property is made up of any property privately owned in the UK or abroad&period; Physical wealth is the value of contents of the main residence and any other property of a household including collectables and valuables &lpar;aka&period; stamps&comma; artwork&comma; antiques&comma; etc&period;&rpar;&period; Private pension wealth is the value of all pensions that are not state based or state-earned&period; Net income wealth is the value of formal and informal assets owned by adults as well as children’s assets&period; Wealth is an asset that can be accumulated and decumulated over time so the data mostly refers to the highest point of wealth in a household with income providing one way of finding wealth&period;<&sol;p>&NewLine;<p><b>Relationships between total household wealth decile groups and personal well-being&comma; after controlling for individual characteristics&comma; July 2011 to June 2012<&sol;b><&sol;p>&NewLine;<figure id&equals;"attachment&lowbar;80568" aria-describedby&equals;"caption-attachment-80568" style&equals;"width&colon; 954px" class&equals;"wp-caption aligncenter"><a href&equals;"http&colon;&sol;&sol;londonglossy&period;com&sol;wp-content&sol;uploads&sol;2015&sol;10&sol;image30&period;jpg"><img src&equals;"http&colon;&sol;&sol;londonglossy&period;com&sol;wp-content&sol;uploads&sol;2015&sol;10&sol;image30&period;jpg" alt&equals;"Source&colon; Office of National Statistics" width&equals;"954" height&equals;"650" class&equals;"size-full wp-image-80568" &sol;><&sol;a><figcaption id&equals;"caption-attachment-80568" class&equals;"wp-caption-text">Source&colon; Office of National Statistics<&sol;figcaption><&sol;figure>&NewLine;<p>In the graph&comma; we can see the distribution of the data with the lowest &lpar;10th percentile&rpar; continuing to the highest percentile&period; This way we can see the differences of households and their well-being&comma; with their household wealth&period; The results showed that people with higher incomes had less anxiety and a more satisfactory lifestyle that those on the opposite end of the decile&period; This of course is seems very obvious because if someone is living &OpenCurlyDoubleQuote;well-off” they would not have to ask questions like &OpenCurlyDoubleQuote;how am I going to pay next month’s rent”&period; So&&num;8230&semi;what about happiness&quest; Well we can clearly see that the lower 20 percentile happiness was low&comma; although as the wealth increased households did get happier&period; The difference is that the more wealth the households had&comma; it did not mean that they would get happier&period; In fact&comma; the happiness stalled at the 0&period;2 decile and did not increase&period; If we really want a solid conclusion&comma; it’s safe to say that money doesn&&num;8217&semi;t buy happiness&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68ed11ed25916">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; function &lpar;&rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; false &equals;&equals;&equals; &lpar; window&period;isWatlV1 &quest;&quest; false &rpar; &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&sol;&sol; Use Aditude scripts&period;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings &equals; window&period;tudeMappings &vert;&vert; &lbrack;&rsqb;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings&period;push&lpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;divId&colon; 'atatags-dynamic-belowpost-68ed11ed25916'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;format&colon; 'belowpost'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; document&period;readyState &equals;&equals;&equals; 'loading' &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;document&period;addEventListener&lpar; 'DOMContentLoaded'&comma; window&period;getAdSnippetCallback &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; else &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback&lpar;&rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<&sol;script>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>


Discover more from London Glossy Post

Subscribe to get the latest posts sent to your email.