Can money buy you happiness? Perhaps, to some degree, if you manage it well. On International Day of Happiness on Tuesday, Raj Raghunathan, professor of marketing (consumer behaviour) at University of Texas at Austin and author of If You’re So Smart Why Aren’t you Happy?’, attempts to unravel the relationship between money and happiness, whether both can go hand in hand, and how to manage it.
Money can make you happy to a certain point: It can (money can make you happy), but only up to a certain point (around $80,000 per household per year in the US; considerably less in India). After that point, it doesn’t buy you much happiness.
