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Poor psychological understanding of happiness has led many people to believe erroneously that, money is the one source of happiness. Younger folks have abandoned personal development, which is another source of happiness and are busy pursuing financial pleasures that give short-lived happiness. Many people poorly perceive the connection between money and happiness. They suppose that the one means to achieve happiness is through the satisfaction of human needs that actually money can buy.

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• For one to realize lasting happiness it requires understanding of the components that considerably contribute to happiness and never mere stereotyping that money is the same as happiness.
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