Giving tied more to happiness than wealth/Philanthropy Journal

Giving tied more to happiness than wealth

From Philanthropy Journal:

Happy people are more likely than wealthy people to give to charity, a new study says.

The World Giving Index, released by the Charities Aid Foundation in Britain, also says 20 percent of the world’s population had volunteered in the month before they were surveyed, 30 percent had given money to a charity, and 45 percent had helped a stranger.

The Index, based on a Gallup Survey on the charitable behavior of people in 153 countries representing 95 percent of the world’s population, is the largest ever to examine charitable behavior worldwide, the Charities Aid Foundation says.

The survey asked people whether they had given money to a charity in the previous month, and to rank how happy they were with life on a scale of one to 10.

To develop the Index, the Charities Aid Foundation compared the strength of the relationship between giving with both a nation’s gross domestic product and the happiness of its population.

The link between the giving of money and happiness is stronger than the link between the giving of money and the gross domestic product of a nation, the study says.

“Donating money to charity is something that is traditionally seen as being driven by how wealthy a person is,” Richard Harrison, director of research at the Charities Aid Foundation, says in a statement. “However, it is clear that happiness plays an important role in influencing whether people give.”

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