Family and Friends | Worth More Than Money Can Buy

Family and Friends | Worth More Than Money Can Buy

Written by Cristo Rogers, Posted on , in Section Therapy News

Are You Financially Broke, But Loved By Friends and Family? Good News! You Can Afford Happiness

While the lyrics of Notorious B.I.G. "Mo' money mo' problems" may seem absurd to us 'poor folk,' a new study may now give credence to the late, great, hip-hop icon's disavowment of the Almighty Dollar.

Well, at the very least, this study - according to to the researchers at London School of Economics (LSE) who conducted it - proves that (contrary to the beliefs held by us 99%ers), 'mo money, mo' happiness' is in fact, a falsehood. According to the folks at LSE, genuine happiness comes from a person's quality of friends and family.

That's right! The annoying and played out cliches, "real richness comes from family," and (even worse), "money can't buy happiness," are now scientifically proven to be true. 

This discovery perhaps best serves as a much-needed consolation prize (and rarest of wins) for those of us who are just shy of reaching that highly coveted "1%er tax-bracket." 

"Money Doesn't Buy Happiness"

Let's divvy up the score then, shall we? 

(Unjustifiable) $200,000,000 annual salary: score Corrupt Businessman

Genuine happiness: score Average Joe Blow

Not a bad trade-off if you ask me

According to the report, headed by Lord Richard Layard, the working-man - referring strictly to finances - is no happier than they were 50 years ago, despite their average income more than doubling within that time.

When discussing the impact that being with loved ones has on mental health, Layard says, “Having a partner is as good for you as being made unemployed is bad for you.”

The London Scool of Economics says the majority of human misery is due to things, like mental health concerns, or loneliness, rather than financial worries.

“Having a partner is as good for you as being made unemployed is bad for you.”

So, the next time you find yourself enviously gazing at the sky-scraping heights of that ivory tower, just remember - Science proved that, as long as you are loved, you possess an invaluable asset that no amount of greed could ever purchase: happiness.

To read more on the London School Economics report's findings, Please refer to the article below:

Most human misery can be blamed on failed relationships and physical and mental illness rather than money problems and poverty, according to a landmark study by a team of researchers at the London School of Economics (LSE).

Eliminating depression and anxiety would reduce misery by 20% compared to just 5% if policymakers focused on eliminating poverty, the report found.