Can Money Really Buy Happiness?

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Can Money Really Buy Happiness?

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It may be no surprise that up until 2018, the most popular class in Yale’s 316-year history was Psychology and the Law. But which class recently eclipsed it? Happiness 101. So what did they learn?

1. Money buys only so much happiness. According to a study by two Nobel Prize-winning economists, well-being rises with income until you reach $75,000, then it levels off.

2. Happy people devote time to family and friends. One study noted in Time Magazine claims that as much as 70 percent of happiness comes from relationships with others.

3. Physical activity, attending church and expressing gratitude matter. A study by The Journal of Economic Psychology found that experiencing positive and engaging things on a regular basis provide “small but frequent boosts,” which add up to greater mental and spiritual health.

4. You feel good when you do good. There’s an old proverb that says “If you want happiness for an hour— take a nap. For a day? Go fishing. For a year? Inherit a fortune. If you want happiness for a lifetime— help someone else.” Copenhagen’s Happiness Research Institute found that people who volunteer and give, “experience fewer depressive symptoms, less anxiety, and enjoy a more meaningful life.”

What could be more meaningful than combining these ideas by connecting with family through service or giving? Inspiring generosity in the next generation is a great way to connect, and blessing Grace Christian University is a great way to leave a legacy.
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For the full version of this article, request a FREE copy of “4 Ways To Be Happier Today” by contacting Stephen Gowdy from Grace Christian University at 616-261- 8565 or sgowdy@gracechristian.edu

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