Thursday, March 1, 2012

It’s true folks: Money can’t buy happiness

An interesting study was conducted, showing a correlation between income and the rate of depression. It's actually quite interesting, as I initially guessed that a person in a third-world country would be more depressed due to the lack of financial security than the wealthier person living in western countries. However, my hypothesis completely contradicted a survey, which was completed July 27, 2011.

Of the 18 countries that were surveyed, about 15% of the population in the top ten wealthiest countries were suffering from or had been diagnosed in the past with depression. On the other hand, only about 11% of the population in the developing countries suffered from depression.


The following is a breakdown of the surveyed countries:

From High-income:

  • Japan: 6.6 percent
  • Germany: 9.9 percent
  • Italy: 9.9 percent
  • Israel: 10.2 percent
  • Spain: 10.6 percent
  • Belgium: 14.1 percent
  • New Zealand: 17.8 percent
  • Netherlands: 17.9 percent
  • United States: 19.2 percent
  • France: 21 percent

From Low- and middle-income:

  • China: 6.5 percent
  • Mexico: 8 percent
  • India: 9 percent
  • South Africa: 9.8 percent
  • Lebanon: 10.9 percent
  • Colombia: 13.3 percent
  • Ukraine: 14.6 percent
  • Brazil: 18.4 percent

These statistics definitely caught me by surprise. How are richer countries trending towards depression? Shouldn’t they be happier because of all the comfort money can buy? According to the Huffington Post, the reason for this depression is.... jealousy! Yes, jealousy! In richer societies, there seems to be a level of competition to be rich, while in the developing countries, that sort of pressure isn’t as prevalent as everyone around seems to be going through the same financial circumstances.

In addition to the wealthier being more prone to depression, women are generally twice as likely than men to be prone to depression. There is a direct relation between gender inequality and women’s depression, as shown below in a 2010 chart projecting the percentages of women depression.

Living in the western world, I can definitely see the effect of competition: everybody wants to be THE best. However, this is obviously taking a toll on people's mental health, and even physical health. While being the best might be important, it's also important to realize when competition is taking over your life and happiness.


Here's my two-cents: Even if you believe in reincarnation, you're going to live THIS life once: YOLO! So don't make it miserable. Re-evaluate your decisions in life. Is what you're doing making you happy? If not, then friends, you're doing life wrong. Change your thinking. Do YOUR best. Someone is ALWAYS going to be smarter than you, prettier than you, [insert adj here] than you, but no one is going to be YOU. As my grandma tells me, "You don't have to be THE best, just do your best, and be happy with what you have." That doesn't mean don't stop trying. It just means the only person you should compare yourself and try to be better than is the person who you are today, and be happy with your best.


P.S: If you truly are the Western person described in the study, and the above doesn't convince you, then the following quote might: "The best revenge is happiness, because nothing drives people more crazy than seeing someone actually living a good life."

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