Money and happiness: The chicken-and-egg problem

Money and happiness share a bi-directional relationship. While financial security can reduce stress and enable life’s pleasures, happiness itself can be a driver of financial success.

Ask any Indian parent what they want for their child, and the answer is often delivered with warmth and simplicity: “Bas khush raho beta” (Just be happy, my child). But behind this seemingly universal wish lies a more layered reality. In many families, happiness isn’t just about emotional well-being—it’s closely linked to financial milestones. A good job, a home of one’s own, a stable future. But here’s the million-dollar question: Does money lead to happiness, or does happiness lead to better financial outcomes?

Read full article : Money and happiness: The chicken-and-egg problem (livemint.com)