20/20 did a story a few weeks back on whether money buys you happiness.    There was a fairly interesting conclusion.

If you make less than $30,000 dollars a year (US) than money actually did buy you happiness.   Getting more money definately improved lives and happiness.

Between $30,000 to $50,000 this leveled off.   Above $50,000 there was no correlation whatsoever between money and happiness.   Rich people were no more happy than poor people.

My favorite quote is from Susan Goodfriend many years ago (wife of Solomon Brothers CEO John Goodfriend)   "It is so expensive being rich"