Was it Lil' Kim who rapped the lyrics "Money power respect... It's the key to life"? Turns out, she was only partly right. New research suggests happiness has a lot more to do with respect than it does with money,
Medical News Today reports.
In a series of studies, psychological scientist Cameron Anderson of the Haas School of Business at the University of California, Berkeley, found that:
1) Respect and admiration, but not socioeconomic status, predicted students' social well-being. 2) The relationship between respect/admiration and well-being was partly due to the sense of power and social acceptance that the students felt in their personal relationships. And 3) Changes in respect/admiration corresponded to changes in MBA students' well-being. And respect/admiration predicted well-being more strongly than socioeconomic status.
"I was surprised at how fluid these effects were -- if someone's [social] standing in their local ladder went up or down, so did their happiness, even over the course of 9 months," said Anderson. What makes you happier: money or respect?
While the folks at Berkley may have bit a bit surprised, I am not.
I feel no need to flaunt what I have. Most don't know and don't need to know. No need for a pathetic wannabe or 'hater' following me. Act like you have more than you do, and that's what you receive; 'haters'. I hate equally. Lol If you don't care what others think...stop giving the image you believe they prefer.
Socioeconomic status is not the same as money. Money, for many people, means having sufficient funds to address basic needs. Respect is far less important than being fed and clothed and sheltered. Only after have these basic needs have been met can one be concerned with feeling respected and admired. Since the individuals studied were students actively enrolled in college, it seems safe to assume that all of them had their basic needs met.
So all things being equal we would rather have the "respect" of being the highest on the food chain and actually BE lower, than to be seen as the low man on the totem pole but actually be higher.
Wanting respect and admiration is a form of narcissism anyway. Nothing beats cold hard cash.