3/02/2006

in pursuit of happiness


Remember the old adage 'money can't buy happiness'? Well based on the findings of a report out last month, the folks over at Pew Research might take issue with that statement.

According to the report, of those who claimed an annual income in excess of $100,000, 49% say they are very happy. This is in stark contrast to those with an income level of less than $30,000 in which only 24% of respondents consider themselves very happy. The inquiry is not limited to income-- other variables are also explored, including marital status, religion, political affiliation, and even pet ownership.

It is important to note here that this study establishes correlation and not causation. For example, money could lead to happiness, happiness could be the precursor to money, or some other confounding factor could be involved. Nonetheless, it's good stuff...

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