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Wray Herbert

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The Perils of 'Having It All'

Posted: 06/10/10 08:00 AM ET

It's fair to say that Thurston Howell III doesn't savor the little things in life. One of seven castaways on an uncharted Pacific island, the WASPy billionaire never stops scheming to get back to his money. While the others often seem content in their tropical paradise, Howell mostly likes to talk and dream about his assets, which include a coconut plantation, a railroad, an oil well, a diamond mine and all of Denver, Colorado. He never seems to understand that his wealth won't buy him happiness on Gilligan's Island.

Okay, so Gilligan's Island isn't real. I get that. But is it possible this old TV fantasy contained a grain of psychological truth? Can "having it all" undermine the ability to savor common, everyday joys? And if so, does wealth diminish pleasure enough that it trumps the pluses of having plenty of money?

An international team of scientists has been exploring these questions. Psychologist Jordi Quoidbach of the University of Liege, Belgium, and his colleagues wondered if wealth, because it promises abundant pleasure, might actually weaken the internal sense of scarcity that makes small pleasures possible. They decided to test this idea in the lab.

They recruited a large group of university employees, ranging from deans to janitors. The idea was to get a range of incomes and financial comfort, which they did: Some of the volunteers had socked away 75,000 euros or more, while others had a mere 1,000 euros in savings. They gave all of these volunteers a test that uses vignettes to gauge positive emotions like pride and awe and contentment. For example, the volunteers might be asked to imagine going on a hike and discovering an amazing waterfall. Would they be visibly emotional? Reminisce about the waterfall later? Tell others about the experience? And so on.

The scientists also measured the volunteers' overall happiness, using a standardized scale, and also their desire for wealth. They measured desire for wealth with this kind of question: "How much money would you have to win in a lottery to live the life of your dreams?"

Then they crunched all the data together to sort out the links between money and happiness and savoring the little things in life. Here's what they found: The more money people have, the less likely they are to appreciate things like waterfalls or blooming azaleas or quiet weekends. What's more, cause-and-effect was clear from the data. That is, the ability to savor life's small pleasures was not diminishing the need or desire for money; it was clearly the other way around.

And overall happiness? That's the really interesting part. There is a modest relationship between wealth and happiness; that's not all that surprising. But the inability to appreciate waterfalls undercuts money's blessings. That is, any positive effects of wealth on happiness were offset by wealth's deleterious effects on ability to savor life's pleasures.

These findings reported in the journal Psychological Science, were provocative enough that the researchers wanted to double-check them in a different way. So in a second experiment, they used photographs of cash to prime thoughts of money in some of the volunteers. And just in case the volunteers were unintentionally distorting their feelings about waterfalls and honeysuckle and other small things in life, the scientists decided to actually observe them. So instead of using hypothetical vignettes, they gave all the volunteers a piece of chocolate to eat, and they had dispassionate observers rate the chocolate savoring experience: How slowly did they eat the chocolate? Did they close their eyes, or makes sounds of pleasure? And so forth.

Mmmm. The pleasure was unmistakable -- but only for those without money in mind. The moneyed volunteers rushed through the chocolate like it was celery, and showed about that much pleasure in the experience.

All of this suggests that being rich -- and having access to the best things in life -- may actually queer our ability to enjoy the small, sweet things in life. What's more -- as the priming study indicates -- just knowing we have access to the trappings of wealth is enough to make us take small pleasures for granted -- and not appreciate them. And as Thurston Howell III can testify, being filthy rich can even take the joy out of an island paradise.

 
 
 
It's fair to say that Thurston Howell III doesn't savor the little things in life. One of seven castaways on an uncharted Pacific island, the WASPy billionaire never stops scheming to get back to his ...
It's fair to say that Thurston Howell III doesn't savor the little things in life. One of seven castaways on an uncharted Pacific island, the WASPy billionaire never stops scheming to get back to his ...
 
 
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02:59 AM on 06/15/2010
Having it all comes from within. It's serenity that allows one to have a sense of well beingness and appreciation for whatever comes their way...good or bad. Perhaps to even tranform good or bad simply into what it is. To see the chaos as opportunity and transform all experiences into learnings/lessons for growing their own human potential. And sharing that spirit with all around them. Rich within.
And of course, it would be nice to lessen the struggles of life today as we know it for ourselves and those around us, near and far. But how to fix the Gulf Coast. How, indeed.
I wonder if I could change my screen name from DrFrann to Pollyanna.
06:35 PM on 06/14/2010
Interesting post! Makes intuitive sense. Money is just stored energy, and people crave it as a form of security during bad times, or when they are no longer productive to society. It's the modern equivalent of fat during the stone age - a great thing to have, since famine was always just around the corner. But the happiest stone age man was likely the best hunter, not the fattest one. Being fat used to be a sign of security, now being wealthy is. People naturally equate happiness with security, but happiness seems to more a product of achieving goals rather than being carried on another's back.

Is a decision really necessary? What will happen if you do nothing?
Generally speaking, the errors in religion are dangerous; those in philosophy only ridiculous. - David Hume
justonequestionaday.com
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Norge
Rolf K. Artist, worker of metal, writer of poems
01:04 PM on 06/14/2010
And again, it is all in the additude. Perhaps having it all is not so much having the concret assets but having the concret ability to fullfill dreams and knowing one actually can fullfill the dream when even when the dream requires some funds to do such.
Unhappyness and dispair comes from the hopelessness of absolutely knowing a dream cannot be fullfilled and oftener than not simply because it involves a few dollars which the person does not have the ability to aquire. Though money can always be aquired in one way or another. It all depends upon which borders of your own value system you would need to cross over to aquire the monies and still be able to live with oneself.
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HUFFPOST SUPER USER
jcabowers
People are more important than money
06:02 PM on 06/12/2010
Guess it's convenient that I don't have a lot of money. Waterfalls are cool.
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HUFFPOST SUPER USER
Tulka2
Solidarity. Courage. Humor.
01:54 AM on 06/12/2010
People who need to worry about housing and food are also not happy.
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HUFFPOST SUPER USER
Anti-Panoptic
Conscious Grad Student
10:02 PM on 06/11/2010
Great article. As a continually broke college student I feel that life is more interesting with less money than to have it. Is there not a saying that goes "more money=more problems"? and Im sure theres some biblical scripture that says the same thing...anyway- I dig Herbert hardcore. The less one has the more they appreciate life and what it gives them. :)
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HUFFPOST COMMUNITY MODERATOR
Tyler-Durden
leading a revolution of one
10:10 AM on 06/11/2010
one more thing. the only people who say "money can't buy happiness", HAVE ENOUGH MONEY such that their lack of it isn't making them UNhappy.

Maslow was right.
09:34 AM on 06/11/2010
The key to "having it all" is to value simple things.


I have it all, because for me "all" equates to a good meal, a roof over my head, and occasional sexual experiences.

My needs are simple.
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cinemaven
Follow me on Twitter :)
09:16 AM on 06/11/2010
I think it's the arms length aspect of having a lot of money that creates this difference. For me to contribute to a charity, I have to give sweat equity rather than a donation. I volunteer at our food bank, teaching people computer skills. I have many friends who are very wealthy and they sit on the board of the food bank (or other organizations). They come into the shop occasionally to marvel at the organization and cleanliness but they're never there to see a woman break down in tears when one of the workers helps her to fill her cart because she's overcome with the relief of having food that week and also overcome by the kindness of the worker. They also don't see the gaunt and strung out teens who wander through, trying to charm as they snatch up a sandwich. They don't see men who hesitate at the doorway looking so deflated and sad.

I appreciate every meal I eat because I know people who are going without. I revel in my garden because I know people with no home. My husband was laid off a year ago so we've moved from middle class to living month to month until that stable job arrives. If I didn't appreciate the little things, I wouldn't have much to appreciate at the moment but I'm somehow happier than my wealthy friends and family members. I find it odd.
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HUFFPOST COMMUNITY MODERATOR
Tyler-Durden
leading a revolution of one
10:07 AM on 06/11/2010
I suggest a slight modification of your statement:

"I appreciate every meal I eat because I know people who are going without."

...and you CARE about it. Wealthy people KNOW there are people going without too. But some of them just don't CARE.
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Marianne TB
07:31 AM on 06/11/2010
when I was a little kid, my dad , who was a railroad engineer back in the 50's, used to take us on long long walks in the woods and point out to us kids how beautiful everything was. he would point to the sky and say 'well, that sun doesnt cost any money, those trees are beautiful, they dont cost any money, here, look at this wonderful rock and listen to those birds, doesnt cost a thing..'
he taught us the value of what was around us, and what was free.
he also used to say "all the money in the world doesnt buy a person an ounce of class..class is how kind you are to other people"

good dad I had. yep.
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gardengranny
Ever-hopeful for the best; preparing for the worst
09:06 AM on 06/11/2010
Lucky you.

Sounds like he was a terrific role model.
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cinemaven
Follow me on Twitter :)
09:23 AM on 06/11/2010
Deja vue with this post :)

My dad was a master wagon builder (making railway cars) in the 50s and he did the same for us and said almost the exact same things... especially about class (and I have the same first name as you, spelled differently *lol*) I've tried to instill the same values in my own children and I'll be making sure they pass it on to my grandchildren when they arrive.

I believe having parents who value the beauty around us is so instrumental in teaching us how to see the world and, at 50, I still know where to find monarchs on the milkweeds and exactly where the tadpoles will be hiding at a pond. I can tell you which bird is calling from the tree and the name of the tree they're calling from. I used to send my kids back out to play because they weren't dirty enough and we had more picnics than anyone I know. They used to complain because they wanted to be inside playing their video games but now, as an adult, my oldest had told me how much he loved his childhood. (my 17yr old isn't quite at that place yet *lol*)
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elcerritan
My bio is not micro
12:14 AM on 06/11/2010
Know what? I'd still like not having to worry about whether I'll be able to pay the mortgage next month.
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mckinley
50-year-old high school nerd
10:52 PM on 06/10/2010
For the past 47 years I've enjoyed waterfalls and azaleas when I've come across them. That'll do me for the rest of my life, thank you very much - I'll take the money.
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elcerritan
My bio is not micro
12:14 AM on 06/11/2010
Can I have some, too?
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gardengranny
Ever-hopeful for the best; preparing for the worst
09:07 AM on 06/11/2010
Ha ha.

Fanned.
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Danyelle79
10:35 PM on 06/10/2010
I have an even better idea. They can give me 100 million dollars and in 70 years ask me how it went. I think this would be the best way to conduct thier study ;-)
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Angie Cordeiro
We do all things through Grace which empowers us.
09:02 PM on 06/10/2010
I have observed that there is a vast difference in the people that have earned wealth and those that have inherited wealth; selfishly blind and morally indifference are big with those that inherit an unsustainable dysfunctional lifestyle; just an observation.
06:56 PM on 06/10/2010
I would rather be rich and sad crying in Paris, than being poor and sad crying in (fill in the city of choice).
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gardengranny
Ever-hopeful for the best; preparing for the worst
09:08 AM on 06/11/2010
You could be poor and happy in Paris.

I know you could. Go for it!