How Much is your happine$$ worth?

Happiness along with good health are usually considered to be the major goals in life. Indeed virtually everybody wants to be happy. The US Declaration Of Independence even states that the "pursuit of happiness" is an "unalienable right", comparable to life and liberty. Social Science researchers working on quality-of-life issues, have for some time sought answers to the question: "What makes people happy?" Economists have now entered the fray, putting an economic value on events and life circumstances that contribute to or detract from personal happiness, based on how people describe their own satisfaction with life. So is money really the best way to buy happiness? Depending on what expert you ask, you'll get a different answer, but most of them lean toward "no."

Researchers at the University Of B.C. have illustrated the relative importance of different quality-of-life issues by assigning an event a 'positive' or 'negative' income equivalent. For example saying an issue is worth a $100,000 a year means that having that thing in your life would give you as much happiness as a $100,000 a year pay increase.

This is the Happine$$ Index:

 

The Happine$$ Index shows that many factors other than money are vital to happiness and that your working environment is paramount to your well being.

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