In 1978 researchers presented a sample of adults a list of 24 big-ticket items such as a car, travel, a house, and so on. They were asked how many of these items they already possessed and which things on the list were part of having “the good life” as they would define it. 16 years later, in 1994, the same people were interviewed again with the same questions and presented with the same list.

Result: In 1978, the study participants felt that “the good life” would require having more things than they possessed at that time. Those in their twenties had in average 1.7 things from the list but thought they needed 4.4 items for “the good life”. 16 years later, the participants had more objects acquired (3.1 items in average) and thus were closer to their original wishes, but now they thought they needed even more stuff (in average 5.6 items) to have a “good life”.

In summary, having more possessions didn’t really change the difference between “Have already” and “Want to Have”, leading to the conclusion: The More We Have, The More We Want.

If you want to know what to give for Christmas that actually could increase happiness, stay tuned. Next time, I will write about “Gifts that spread Joy and Happiness”.

Happy Thanksgiving!

Christiane Turnheim is a Life& Career Coach and a psychology teacher at a Community College in the Boston area. You can reach her at cturnheim@coach4u.net.

An old question about which many books are written. To a certain degree, money is certainly important for happiness. Living in poverty is definitely no fun: If you have to worry day and night how to pay for rent and  groceries,  it’s difficult to enjoy life. On the other hand, being wealthy is not equivalent to being happy – countless stories about with life struggling celebrities in the tabloid press may serve here as confirmation.

A worldwide Gallup survey shed now more light on the most important factors, which make up happiness and the role of money.

According to the Gallup World Poll (136,000 people in 132 countries participated), life satisfaction and enjoyment of life are the two main components of happiness.

Life satisfaction, defined as the feeling that life goes well, increased with rising personal and national income. Hence, money is an important factor for satisfaction. However, the other component, life enjoyment defined as positive day-to-day feelings, depended also on other factors, such as feeling connected to other people, having personal freedom and feeling respected.

Original report here