Some people think personal happiness is closely related to economic success, while others believe that it depends on other factors. Discuss both views and give your opinion.

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Some
people
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believe that personal
happiness
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and financial success are closely tied because wealth provides convenience, while others believe that
happiness
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relies on other things
such
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as social relationships. I personally believe that
happiness
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is more affected by social relations than economic growth.
First
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, the reason for
people
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insisting that wealth decides personal
happiness
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is that
money
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makes our
life
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more comfortable. To be specific, by accumulating wealth,
people
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do not need to experience economic hardships for living or limit their
life
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on their budget. By achieving financial success,
people
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can be liberated from the inconvenience caused by poverty. As individuals improve their quality of
life
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, they will be able to find
happiness
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and contentment. Indeed, in a study from 2010, Princeton University researchers found that
people
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’s
happiness
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increases with their salary, but only up to $75,000 a year. As the income went higher, it allow
people
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to satisfy basic needs, leading to concrete improvements in their daily experiences. The funny fact is that, for incomes below $75,000, larger incomes were associated with greater experienced well-being, but beyond $75,000, there was no
further
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improvement. ////A possible implication is that, beyond $75,000,
money
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is just a way of “keeping score” in
life
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, and there might be little reason to care about
further
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increases in income as far as one’s day-to-day experience are concerned. ////For
this
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reason, I disagree that more
money
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leads to greater
happiness
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because
money
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has limits at some point.
On the other hand
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, some
people
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believe that stable social relationships largely affect personal
happiness
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in
life
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. In fact, the No.1 contributor to
happiness
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is the quality of a person’s social circle and it’s human nature for
people
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to pursue a sense of belonging. Through well-connected
/
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established social groups
such
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as harmonious family, lovers, or friends, individuals can find emotional bondings to feel assured and lean on.
Being
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By being
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interconnected with friends and the community,
people
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can find full of compassion, patience, and altruism toward others.
For example
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, sociologists at the University of California at Berkeley studied the link between social
connections
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and
happiness
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. The upshot of 50 years of
happiness
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research showed that the quantity and quality of a person’s social
connections
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are so closely related to well-being and personal
happiness
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that the two can practically be equated.
As a result
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,
people
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with stable friendships were less likely to experience sadness, loneliness, low self-esteem, and problems with eating and sleeping. In my opinion, I agree that being in healthy social relations outweighs financial achievements for personal
happiness
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because to enjoy material affluence needs a prior condition which is psychological stability based on social
connections
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. In conclusion, while some individuals think that having
money
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brings convenience, which makes
people
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happier, others think that
happiness
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depends on other factors like social
connections
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. In my opinion, social interactions have a greater impact on
happiness
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than economic development because personal
happiness
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is more influenced by psychological stability based on social
connections
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than one’s financial status.
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