Does happiness have a price? The 2022 Bateleur Vantage Point poll just released looked into various topics, including the idea of happiness.
The poll received responses from South Africans from all demographic groups and life stages. The findings show that there is in fact a relationship between individuals who typically consider themselves to be happy and those making more money:
The results in the following graph seem logical at first glance since happy households tend to have better incomes than those who are struggling to make ends meet. When households have extra money available, they are free to meet their basic daily demands, their financial and recreational needs, as well as the flexibility to cover unforeseen costs. Naturally, households who are already having trouble meeting their fundamental necessities suffer more problems when unforeseen costs pop up.
But what ideas do people in higher- and lower-income families think about on a daily basis that causes this “gap” in happiness?
The study results show that having financial security, seeing the world, and wanting to live in a society where people may be kinder to one another are among the things higher-income families fantasize about. In contrast, the findings show that households with lower incomes fantasize about achieving money, purchasing or building a home, purchasing a car, and discovering their purpose and passion.
The poll also finds that crime, load shedding, corruption, and political instability are among the worries that higher-income families have.
Despite the fact that these are unquestionably major issues that our nation faces, the survey’s findings indicate that lower-income families are more concerned about poverty and gender-based violence.
Source:Biz community
