Psychological Research: Money Can Buy Happiness

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Table of Contents

Introduction
Critique of the Article Money Can Buy Happiness
Conclusion
Reference

Introduction

Time and again, it has been said that money cannot buy happiness. This notwithstanding, a critical analysis of the article “money-can-buy-happiness”, clearly shows that when used wisely, money can actually buy happiness (White, 2014). The following is a critique of the article.

Critique of the Article Money Can Buy Happiness

In the article, the author has given enough evidence to prove that money can be used to buy happiness. To support her claims, the author makes reference to research findings, some undertaken by very experienced research professionals in the field of psychological science.

The credibility of the evidence given by the author comes from the fact that she has quoted reliable findings by researchers from distinguished universities such as Harvard University and San Francisco State University. The quality of the article is further guaranteed by the fact that the findings of some of the studies used are based on practical experiments.

In a convincing way, the author has managed to bring out a number of arguments that show how money can be used beneficially. Go start with, the author feels that money should be used to buy moments rather than material possessions (White, 2014). Arguably, the use of money in this way can result in greater happiness. Although some people have doubts about this, spending money to please other people creates happiness.

As explained in the article, this is a fact that was established by Harvard University researchers through scientific experiments. This claim may also be supported by quotes from the bible which point us to the fact that it is more blessed to give than to receive. As pointed out by the author, it is also advisable to spend small amounts of money to generate happiness at different times. This is contrasted to spending heavily on one single item that only creates happiness for a brief moment.

Apparently, the happiness created soon disappears making an individual feel that the expense was not worthwhile. In the article, the author also quotes Ryan Howell, a renowned psychology professor whose research findings indicated that spending on what one likes causes greater happiness to an individual.

Evidence presented by the author of the article further indicates that it is more beneficial for one to spend his or her money with others rather than alone. While it is possible for a person to draw some happiness in what he or she likes to do, the greatest happiness comes from shared moments (White, 2014). In making this claim, the author makes reference to a finding by Gus Cooney, another experienced research professional.

Conclusion

Despite the allegation that money can not buy happiness, the article provides enough evidence to prove otherwise. It is actually possible for an individual to find happiness using his or her money.

To support her claims, the author of the article has provided convincing evidence based on solid and reliable research findings by different scholars. While it is practically impossible to get things done without money in the contemporary world, it is imperative to ensure that money is used to positively influence how we live and interrelate with one another.

It is, however, important to be cautious in the way that we use money to get things done. To a large extent, money must be used wisely if happiness is to be realized. Based on the evidence presented in the article, it is obvious that proper utilization of money can buy happiness. Consequently, people should be advised on how best to use money to gain happiness while benefitting others.

Reference

White, M. C. (2014). 5 Ways Money Can Buy Happiness, Backed by Science. Web.

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Psychological Research: Money Can Buy Happiness

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