We conducted a survey to evaluate wither money can buy happiness or not. According to our hypothesis, Money is not linked to happiness i.e. money cannot buy happiness.
We carried out a survey on a survey population consisting of two groups; private school employees and a charity organization’s employees. Due to some limitations our sample was limited and we conducted the research only on about 400 people.
We found a major pattern in age groups. We discovered many important finding in different age groups that had links to happiness and wealth. 100 %of the teenagers interviewed were single and 80% of those single teens were unemployed. Similarly, we also discovered a pattern in spending. Most unemployed teens had an average total spending of 50,000-70,000 PKR whereas 75% of the employed teens tend to have an average monthly spending between 7,000-20,000 PKR. Out of the 20% teen earning a low income of 7,000-20,000, 98% of them agreed to the fact that money cannot buy happiness.
56% teens also agree to the fact that self -worth is an important factor that contributes to happiness however 82% of them believe that the criteria of measuring self-worth revolves around money.
38% of the age bracket believes that the things they are currently doing in their life are worthwhile,98% of these people are not ready to give up their current lifestyle for money as they believe the activities they are currently occupied in are worthwhile.