Can Money Really Buy Happiness?

by Moin Uddin Ahmed Tipu

“Can’t Buy Me Love,” but what about happiness? Is there an ideal amount of money that a person can earn to live a perfectly satisfying life? Turns out yes. Anthony shows us what a satisfying life really costs.

Read More:
Money can’t buy you happiness, but it can put it on lay-by

“The fact that that money can’t buy you happiness is generally well accepted.”

Gross household income of $100,000 key to happiness: Deakin University research

“Melbourne researchers have pinpointed an amount of money that does actually make people happy.”

The price of happiness is US$162,000

“A recent study of over 5000 consumers across four continents has revealed the amount of net annual income needed for people to feel happy is an imposing US$161,810 — 15 times the global average* for an individual’s income.”

What Makes Us Happy?

“Every person has a genetic template, which makes us the way we are. This includes determining how intrinsically happy (or grumpy!) we may be.”

Do We Need $75,000 a Year to Be Happy?

“People say money doesn’t buy happiness. Except, according to a new study from Princeton University’s Woodrow Wilson School, it sort of does — up to about $75,000 a year.”

Study: More Money Never Stops Buying More Happiness

“Another salvo in the ongoing debate over whether money buys happiness: New research out of the Brookings Institution claims there is no ceiling above which additional wealth stops contributing to people’s sense of well-being.”

“Income’s Influence on Happiness”

“People’s life evaluations rise steadily with income, but the reported quality of emotional daily experience levels off at a certain income level, according to a new study by two Princeton University professors, published online this week in the Proceedings of the National Academy of Sciences (PNAS).”

High income improves evaluation of life but not emotional well-being

“Recent research has begun to distinguish two aspects of subjective well-being.”

Yes, Money Does Buy Happiness: 6 Lessons from the Newest Research on Income and Well-Being

“For a long time, we knew that there was a happiness plateau, a point where more money basically stopped buying greater satisfaction. Maybe we were wrong.”

Does Economic Growth Improve the Human Lot? Some Empirical Evidence

Watch More:
Emotion Rules Spending:

Value Of Money:

Washing Paper Money:

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36 comments

guydamander May 6, 2014 - 3:00 AM

One Billion Pounds for me. In cash, in a bank account.

Nekros May 29, 2014 - 1:26 PM

2:12 Already knew this from personal experience.

john dugard May 30, 2014 - 3:00 PM

yes, around $100k/yr would be nice

emmafrost13 May 31, 2014 - 3:36 AM

20 000 US$ per year for me with be awesome (coming from Romania)

Wade Marley June 16, 2014 - 9:02 PM

If I buy one of those Hoverboards and some Jet Skis then, yes, I'd be buying my happiness! Those Hoverboards/Flyboards are awesome.

Ahmed Elmanzalawi June 22, 2014 - 7:49 PM

10 billion $
is my happy number =D

sam August 6, 2014 - 1:15 PM

Money can definently buy you happiness.
Have you ever seen a car and cracked ur kneck to look back at it???
Now imagine… if you had the money to own that car, u would not only feel happy, but u will feel proud,accomplished,independent, and excilerated, just because you had the money to make a purchase that big. And plus, money keeps ur car full of gas, money puts food on the table, and most importantly… it gives you a reason that motivates you to make that money

brandon perez October 22, 2014 - 2:08 AM

I live in the usa I think to be happy I need to make at least 9.5 million a year what I think makes some one happy is being able to brag and as wrong as this sounds making your self feel like your better than people is happiness

Kleo3392 November 30, 2014 - 11:03 PM

Material things do cause experiences. For example buying a PS4 (material thing) = playing video games (experience)= fun = happiness.

OldBurgerLover January 15, 2015 - 4:41 PM

I was the opposite. I was depressed up until I saved enough to buy my beloved horse.  Now I'm in heaven every day thanks to him.

JPark~ January 18, 2015 - 1:59 PM

Of course money buys happiness. People that say it doesn't are poor people trying to make themselves feel better, or wealthy people creating false-modesty to make themselves look more humble.

Gabriel Porras March 5, 2015 - 3:03 PM

give a homeless man a $100 bill and tell me he wont smile and be happy

HOLUWABUNMY AKYBILE June 19, 2015 - 7:48 PM

Some years ago…I used to think about how to work and make a lot of money everyday but as time goes on…I realised that happiness is very important than money.There are many rich people with a lot of money but they are not happy.Though money can buy many things and take someone to many places but it can never buy happiness.A lot of money without happiness can shorten one's life.lol.Happiness is priceless.It is not good to be poor but it is madness searching for money everyday leaving happiness behind.If money comes with happiness…that will be double blessing.Happiness makes someone to live long.Think of how to make money but don't forget happiness behind.

Erodict August 16, 2015 - 8:17 AM

Like i've always thought of it like this: 
I always wanted something really expensive for my birthday, saying that i would be extremely happy if i got it, but when i got it i was like having for for about 7 hours until it became boring as heck

Shekh Shekh August 23, 2015 - 10:35 PM

easy money make u really happy, if you can make easy money then you have money & time and if you have both of this two things then sure u will be happy

steven stallings September 13, 2015 - 8:20 PM

some money — some true love & a good hobby = the golden triangle as he said

Kostas Norgela September 20, 2015 - 6:21 PM

Do those studies account for purchasing power and taxes in the countries? I think that's much more important than the raw numbers. Either way, cool video, keep it up Anthony! :)

monfleurit November 20, 2015 - 7:23 AM

I'm a blessed guy. I got married to an amazing doting wife and a lovely son. My wife and I saved enough money to purchase our little flat. I carry no bank loan or mortgage on my shoulders, so I don't feel stressed out when it comes to money, besides I value human relationships over material stuff. I'm a happy dude. Thanks to Allah.

Edwin January 29, 2016 - 6:19 AM

2 billion will make me happy

Drew Bender February 19, 2016 - 10:10 PM

FUUUCK off with the 1:20 add with no skip 😆🔫

Læsu Dan May 2, 2016 - 7:20 PM

they $$$ dont buy happiness , but neither the poverty can

RetroBlue July 18, 2016 - 3:17 AM

lookin like tai Lopez outta shape cousin.

Nick Scuderi - RealLife Money August 9, 2016 - 6:13 AM

I find that spending money on experiences rather than things is a good way for happiness. Memories last a lifetime while things can break and get lost forever.

Joe G September 4, 2016 - 11:55 AM

trillain dollars ill be happy lol

ROB THE NAZARENE CHILD IN CHRIST December 27, 2016 - 11:05 PM

I have been homeless, I have worked a 9-5 for chump change, I have had a descent job that paid ok…but never a job that paid good money…I was at my happiest when I was getting paid ok and I was at my lowest when I had no job…so without a doubt money can buy happyness…anyone who says otherwize must never have been poor .

daniel Weshh January 22, 2017 - 11:27 PM

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aMARKan comment March 30, 2017 - 12:52 AM

money=buy cars=show off=happiness! i love u money <3333

s0usy April 23, 2017 - 10:40 AM

"Its not about money its about what makes you happy"

XD thats bullshit

varunthedoc July 15, 2017 - 8:47 PM

I can get plastic surgery done, but a villa by the beach, a Ferrari, a holiday home, a farm house, most expensive clothes, afford only first class air tickets… then I guess I can be happy

Nirvana One July 29, 2017 - 2:19 AM

OMG lol the study
Saving for the thing you want
and your happy

Once you have it who cares.

The human brain isn't hard wired for materialism in evolution

The One Above All September 30, 2017 - 8:10 AM

Money can't buy happiness, but it can buy things that do.

varunthedoc October 11, 2017 - 11:57 AM

It is better to weep in a Porsche than on a street. Yes….Money = life

dbsommers1 January 26, 2018 - 7:29 AM

Depends on what makes a person happy. If it is something that can be attained financially, and one had enough, then yes, money can make you happy. However many things that make one happy have no financial figure attached and thus money become irrelevant. It would be better to say 'money can eliminate certain forms of misery'. Namely financial ones. And while money can bring with it problems unique to having money, it's almost always better to have money than not.

Lenie Mae Palma December 3, 2018 - 10:30 PM

As a person grows older.. An aging person would wish that whatever defines who she is would stay with her— photos, jewelries,small appliances.
Sentimentality, memories of friends and experiences…photo albums give a sense of continuity.

Enquiringmind777 August 24, 2019 - 5:03 AM

Well, money can make you more comfortable. Let's face it if you have a crap job and you reduce the amount of time you spend doing it then you will feel more comfortable. It can buy you time. Time to do what you want. It can buy you sleep, hey you don't have to get up in the morning when the alarm bells ring (comfortable again). You can only eat so much, you can only drink so much alcohol. So money if you are not careful could actually harm you unless you get your diet under control. The rest is BS as far as I'm concerned. OK if you want prostitutes, dolly birds, fast cars, yachts, full-on materialism then your spiritual life will tank. I know which I'd prefer. If you are tormented spiritually you can be on the most idyllic island on the earth, and be surrounded by every titillation you could imagine yet if you are spiritually messed up you won't enjoy one second of it. I'm not rich, but I'm kind of wealthy, and all of the above I've had to either deal with or experience. Well not the prossies and fast cars, but you get my drift.

Luqman - October 30, 2019 - 7:36 PM

Crass rubbish! Wealth is more likely to grant you happiness than a salary. I know people who have given up high salary jobs to achieve happiness.
Multinational companies to sell their products and services want you to be hungry, indebted and dumb. That is how they make their money – out of your naivety.

Being contented with your lot and not interfered with is the route to happiness.