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'Money can't buy happiness'

Monday, 12 February, 2001, 00:05 GMT - Money can't buy happiness - it's
official.

A new study by American psychologists has found that cash and popularity do
not bring nirvana.

Experts say that excessive wealth, particularly for people unaccustomed to
it, such as lottery winners, can actually cause unhappiness.

But autonomy, competence in what you do, a sense of closeness with others
and self-esteem, do bring a well rounded state.

Dr Kennon Sheldon, of the University of Missouri-Columbia, said these
psychological needs could now be targetted to bring happiness.

"Psychological needs can be targeted to enhance personal thriving, in the
same way that the organic needs of plants, once identified, can be targeted
to maximise thriving in the plant," he said.

Dr Sheldon and his colleagues took three different groups of students,
including one from South Korea, to study happiness levels.

He asked the first group to identify what had been the single most
satisfying event they had experienced during the last month.

The second group were told to look at the most satisfying event of the past
week.

And the last group of students were asked to describe their most
unsatisfactory event of the whole university term.

The research, published in the American Psychological Association's Journal
of Personality and Social Psychology, found that the three groups returned
fairly similar results.

The students also listed a lack of security as something that profoundly
affected their stability.

"It appears that when things go wrong, people may strongly wish for the
safety and predictability that they often take for granted," said Dr
Sheldon's team.

For the American students, self-esteem was top of their list. For the South
Koreans it was a sense of closeness.

The researchers hope to extend their study "to help individuals find
conducive social and vocational niches and to motivate them to develop
their skills further within those niches".

Diana Pidwell, a community and clinical psychologist at Blackpool Wyre and
Fyde Community NHS Trust and a member of the British Psychological Society,
agreed that money cannot buy happiness.

She said: "Many studies have been done on the importance, or otherwise, of
money and what seems to be the consensus is that once you have the basic
level then after that it does not make any difference to happiness.

"There is evidence that there are very wealthy people who are very unhappy.
Particularly people who were not born to wealth like lottery winners.

"Happiness is a state of mind."


Related to this story:
Suicide risk for rich mentally ill (09 Feb 01 | Health)
'Worrying' mental health in deprived area (30 Jan 01 |
Northern Ireland) Money 'not key to children's happiness' (06 Mar 00 | UK)
The happiest people in the world (02 May 00 | Americas)
You can buy happiness - Camelot (15 Nov 99 | UK)

Internet links:
University of Missouri-Columbia
American Psychological Association


BBC News Online: Health
http://news.bbc.co.uk/low/english/health/newsid_1162000/1162153.stm

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