“Money is not the only answer, but it makes a difference” – Barack Obama.
Although it is injustice to poor people when we say that money can buy happiness. But still money is the basic amenity for each and every individual. As we can clearly see that average number of people are more than satisfied when they have money while comparing to the situation when they don’t have it. According to Blanchflower and Oswald (2011) review of international happiness they stated that money is not the only factor of happiness as there are other factors too like age, gender, education, marital status, diet, other personal characteristics, region characteristics, country characteristics. But on the top of that as stated by Neal M Ashkanasy (2011) review Blanchflower and Oswald are saying that subjective happiness remains constant in a developed country. And from the developed county it is clearly stated that the country is economically strong and stable. So this statement of Blanchflower and Oswald contradicts their own findings that money can’t buy happiness. In this paper I will be arguing about the fact that even though it is against our cultural or moral ethics of believing money as the factor of happiness in one’s life but still people having money don’t seem to be crestfallen. On the other hand people who don’t have struggle for their life too.
After studying the article of Peter M. Ruberton (2016) it is clearly evident that the amount of money available in your bank account is directly proportional to the quality of life and greater the satisfaction in life more joyful and happy your life would be. As each and every individual in the society require food, shelter, clothing. Life without any one of them would be miserable as hell. Money here is considered for the basic amenities...
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