Money Makes You Happy?

The hotly debated subject of whether money buys you happiness has been answered with research revealing that only 31 pence of every one-pound spent by Brits goes towards a pleasurable purchase.

 

Attempting to objectify the debate once and for all, research by Age Partnership quantified spending into four core positive expenditure routes and four negative to reveal that when it comes to budgetary bliss, women aged 55-60 from Manchester are the most content with their cash.

 

Focusing on age, it appears money buys you most happiness during the twilight years with people aged 55-60 using 44p from every pound on expenditure that makes them feel happy.

 

In addition to this, the booming city of Manchester is also the capital of cash with its lower living costs and higher perceived quality of life providing residents with a greater benefit from their bunce at 34p.

 

On the other hand, men aged 36-45 from Brighton are seemingly living in monetised misery. Brighton scored the lowest balance across the UK with only a quarter of every pound going on to generate happiness.

 

With greater responsibilities and likelihood of children who are about to fly the nest, it's not a good time to be aged 36-45 with 74p of every pound being spent on things you'd much rather not have to like debt and mortgage repayments.

 

Age Partnership – Bliss Balance – Age:

 

 

18-25

26-35

36-45

46-54

55-60

61-70

71-80

Amount spent from every £1 on positives

30p

32p

26p

27p

44p

39p

33p

Amount spent from every £1 on negatives

70p

68p

74p

73p

56p

61p

67p

 

 

Age Partnership – Bliss Balance – Location:

 

 

London

Birm

Glasg

Leeds

Bristol

L'pool

Manc

Sheff

Edinb

Cardf

Br'ton

Amount spent from every £1 on positives

31p

32p

32p

32p

30p

32p

34p

32p

31p

31p

25p

Amount spent from every £1 on negatives

69p

68p

68p

68p

70p

68p

66p

68p

69p

69p

75p

 

 

 

 

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