How much money do you need to be happy?

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once basic needs are catered for, things can take a surprising turn. Our emotional relationship to income, debt and loss is complex and nuanced.

Some of these factors are used by the Office for National Statistics to work out the UK's level of wellbeing, a more immediate measurement than trying to derive it from GDP .Professor De Neve is one of the authors of the United Nation's World Happiness Report, which consistently puts Nordic countries at the top of the rankings.

Fuelled by social media, there's a temptation for some people to make broader comparisons between their lives and those of others."We often create a negative narrative about how well we're doing," says Mark,"so a key to happier living is to let go of that comparison, not just financial, but in every aspect of our lives."While it's a case of diminishing emotional returns when we earn more money, the opposite is true when we lose money.

 

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