Money is the source of happiness

Money is the source of happiness

Fayozbek Samadov

Money is the medium used by people to buy required goods and services. It is used as the source to fulfill basic needs and is also a source of comfort in life.

Money is the most important source to live a healthy and prosperous life; however, it cannot be compared with the significance of love and care.

Researchs

• Researchers from the University of British Columbia decided to find a definite answer to centuries-old debate: Can money make us happier? Although there were many similar studies before, this study comes with a twist — in addition to exploring the relationship between money and happiness, the researchers wanted to explore the relationship between income and sadness. 

 Your attitude towards money is defined by your personality type.

• To put things differently, British researchers from University of Stirling, University of Manchester and University of Nottingham conducted their own study where they explored the relationship between loss aversion and personality. According to them, income increase will not make you happier regardless your personality type, but income loss tends to affect people who are high on conscientiousness.

Arguments about money are the best predictor of divorce.

• Arguments about money, particularly early in the relationship, are the best predictor of divorce, according to research conducted by Sonya Britt, an assistant professor of family studies and human services and program director of personal financial planning at Kansas State University. 

Thank you for attention.