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New Study Says Money Doesn't Buy Happiness : Friends and Family Do

New Study Says Money Doesn't Buy Happiness : Friends and Family Do
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Poor 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 like a hyperbolic farce 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 belief held by us 99 percenters, 'mo money, mo' happiness' is in fact, a falsehood. And, according to the folks at LSE, happiness actually comes from an individual's friends and family.

That's right! The annoyingly played out cliches that tell us: 'real richness comes from loved ones,' and even worse: 'money can't buy happiness,' are now scientifically proven to be true. This scientific realization serves as a warming sentiment and rare win for those of us who fail to meet the 'tax bracket-standards' of those living in top the 1%.

"Money Doesn't Buy Happiness"

Let's divvy up the score then, shall we? That's over-inflated and undeserving $10 million Christmas bonus: score corrupt wealthy businessman; and genuine happiness given by loved ones which can't be bought: 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 said: “Having a partner is as good for you as being made unemployed is bad for you.”

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

The London Scool of Economics says that most human misery is due to things, like mental health concerns, or loneliness, rather than money issues or poverty.

So, the next time you're looking up at that endlessly tall, ivory tower wishfully thinking to yourself, just remember: as long as you are loved, you have something that no CEO 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.

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