Money makes you happy if you think of it

Jul 23, 2013 |

London: Money makes you happier, but only if you really think about it, a new study has found. Researchers from the London School of Economics and Political Science suggest that earnings only affect happiness when financial matters are on your mind.

Until recently, most economists and policy-makers subscribed to the view that individual well-being increases as we earn more money.
The new research, published in the British Journal of Social Psychology, was based on two tests which measured how a person’s earnings and social ties influence their sense of well-being in different circumstances. In each test participants were, unknowingly, primed to think about either financial issues or “community” issues, such as their home-life, family or friendships.

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