Life Without Money: Chinese College Students View on the Influence of Money on the Level of Happiness

Authors

  • Qingqing Zhou Student, Wenzhou-Kean University, Wenzhou, China
  • Rosalie Palaroan Professor, Wenzhou-Kean University, Wenzhou, China

Keywords:

Money, Happiness, Relationship, Chinese College Students, Appendages of Money

Abstract

Happiness is a lifelong pursuit. The balance between money and happiness is intricate. Meanwhile, college life is a golden time for students to find the meaning of life. Therefore, understanding the relationship between money and happiness for college students can increase life satisfaction and realize the value of life and the sense of social existence. This paper determined the relationship between money and the happiness of Chinese college students and documented the psychological mechanism of money on happiness from Chinese college students' perspectives. The purpose was to find out the relationship between money and happiness of 96 Chinese college students using an Oxford validated questionnaire and Chinese college students' perceptions of money and happiness. A mixed-method paradigm was used in this research. Ninety-six respondents were randomly selected from Wenzhou-Kean University located in China from four schools: College of Business & Public Management, College of Liberal Arts, College of Architecture & Design, and College of Science and Technology. The research found a positive relationship between family wealth and happiness, but there is no significant relationship between monthly income and happiness for Chinese college students. In most Chinese college students' opinions, money and happiness are not directly related. Moreover, Chinese college students gain happiness through money through self-fulfillment. This research paper would greatly help college students who will go to society and still be trapped in the relationship between money and happiness.

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Published

2023-01-01

How to Cite

Zhou, Q., & Palaroan, R. . (2023). Life Without Money: Chinese College Students View on the Influence of Money on the Level of Happiness. GLS KALP – Journal of Multidisciplinary Studies, 3(1), 9–22. Retrieved from https://glskalp.in/index.php/glskalp/article/view/44