Life Quote by Meik Wiking
““The importance of our relationships has even led to attempts to evaluate them in monetary terms. “Putting a Price Tag on Friends, Relatives, and Neighbors: Using Surveys of Life Satisfaction to Value Social Relationships,” a study undertaken in the United Kingdom in 2008, estimated that an increase in social involvements may produce an increase of life satisfaction equivalent to an extra $110,000 a year.””
About This Quote
Source Book: The Little Book of Hygge, 2016
Social connections boost happiness, comparable to a large monetary gain, highlighting the value of relationships over money.
In simple terms: Friends increase life satisfaction like $110k.
Key Takeaway
Invest in relationships.
Themes
happiness
relationships
economics
Mood
optimistic
inspirational
Type
psychological
economic
When to use this quote
- family gatherings
- community volunteering
- friendship apps
Key Concepts
social capital
well‑being
value of community
Questions to Reflect On
- How can societies measure relational wealth?
- What policies foster social ties?
A Different Perspective
Monetary value may not capture emotional depth.
