Does money buy happiness if you agree a smash thumbs up if you say absolutely not smash thumbs down and if you like today's episode subscribe to the channel so let's get right into there's a few things we're gonna look at one the correlation between income you make and the level of happiness that you have to we will look at a study that Harvard did it's like a hundred year study that they did track in 268 people from nineteen i think thirty it's an 80 year study from nineteen thirty eight one of them was a president john of canadian every day followed up with them

to see if they were happy and what made them happy and at the end they figured out what was the most important thing that made these people happy some of them became schizophrenia some of them become alcoholics some of them coming to suicide some of them became lawyers doctors attorneys millionaires billionaires and obviously wanted them president it would be interesting to see what you think brings happiness now let's first take a look at income if money buys happiness this is a great article written here by visual capitalists I highly recommend you go visit there

and I wrote it here does money buy happiness in the numbers shows that at around seventy five to eighty thousand dollars it used to be seventy five thousand dollars where you went to the happier side now it's eighty thousand dollars and it just shows if you make fifteen thousand dollars a year your standard deviation from mean response is you're about point three four less likely to be happy at fifteen thousand dollars then it goes a little bit happy

here as you go up if you notice this thing here until you get to eighty out about eighty or expenses are covered for the most part you are having an okay life you're not stressed out you don't have a lot of things you're worried about you don't

okay for yourself but then guess what happens when you get to six bigger oh you're a little bit happier when you get to one seventy five point one seven happier four hundred thousand point three five six twenty five point three eight and you can kind of get the idea there's three things they talk about on the bottom here

why does money buy happiness the report ones that any tears behind our happiness increase with income are purely speculative however it does list a few possibilities increase comfort

as someone earns more they may have the ability to purchase things that reduce suffering this is particularly true when comparing low to moderate incomes larger incomes below eighty thousand you know show still show the strongest association with reduce negative feelings more control you get to kind of choose what you want to do so essentially money matters that's why

what they're talking about in this article now over here this is the study we're talking about with Harvard here's what the study looks like scientists began tracking the health of 268 Harvard sophomores in nineteen thirty eight during the great depression they hooked a long

to the old study would reveal close to leading healthy and happy life so every year they would follow up with them and this has been going on now for eighty three years

and it kind of gives you an idea what some of the spokesman by the way to get into a little bit more of the original hard record recruited as part of the grand study only nineteen are still alive

they're all in their mid nineties among the original recruits were eventual president john f kennedy long time Washington post editor

then Bradley women weren't in the original study because the college was still all male in nineteen thirty eight eventually in addition to that the scientists expanded their search include

the men's offspring who now number thirteen hundred and are in their fifty sixties to find out how early life experiences affect health

and aging over time some participants who went on to become successful businessmen doctors lawyers and others ended up in schizophrenia

alcoholist but not on inevitable tracks so this is what they came up with at the end of it

when they went through it the surprising finding is that our relationships and how happy we are

in our relationships has powerful influence on our health this is Robert Waldinger director of the study a psychiatrist

at Massachusetts General Hospital and professor of psychiatry at Harvard Medical School said taking care of your body is important

but tending to your relationship is a form of form of self care to that I think I think is the revelation

look what he continues to say over here the speaker when he gave this tattoo of this video I think it's got twenty million views you have to see it

he says when we gather together everything we knew about them about at age fifty it wasn't their middle age cholesterol level that predicted how they were going to get the grow old

it was how satisfied they were in their relationship the people who were the most satisfied in their relationships at the age fifty

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