Why does people who have much money and eveything they want aren't happy?

Question

Dont they have everything ? what do they need more , why would they be unhappy and those who dont have must be happy just with what they have ?

Answer 1

people treat you differently with money,

and riches cant buy friends, love or happiness

Answer 2

Because money and all the riches in the world, cannot buy happiness. It's just one of those things that can't be bought.

Answer 3

Classic economists used to think that wealth automatically brought happiness. This meant equal wealth will bring equal happiness.

However, what brings happiness is not how rich you are, but how you see your situation when compared to yesterday, and compared to others.

When you have much money, you'll tend to compare yourself with rich people. So you'll perceive yourself "normal" rather than "rich". And if you stay at the same economic status for some time, you'll also normalize the situation.

Happiness depends on what you take as the unit of measurement.

Answer 4

well money and material things does not equal happiness

happiness is different for each person ,, and each has a different definition of happiness.

Answer 5

Because our wants are instiable. If we achieve something we always wanted, that state of mind will become normal to us, meaning that we'll get used to it. After this, we will start wanting other things (things we had but we don't have anymore; things that other people have), and become desperate again until we get them. This is the "hedonic treadmill"