However, living a happy life doesn’t always come easy. Concerns about money, relationships and the future can often stand in the way of living the life you want. The good news is there are ways to take charge of your happiness.
It may sound simple – but what is happiness? How do we quantify happiness?
The World Happiness Report, published by the United Nations Sustainable Development Solutions Network, uses six key variables to determine a country's happiness levels:
- Healthy life expectancy
- Social support (having someone to count on in times of trouble)
- Trust (measured by the absence of corruption in business and government).
Countries that rank highly in these six areas tend to have ‘happier’ populations, with individual's reporting higher life satisfaction1.
Australia ranked highly in the World Happiness Report 2017, coming in equal ninth place with Sweden2. Norway was first, followed by Denmark, Iceland, Switzerland, Finland and the Netherlands.
Canada and New Zealand were just ahead of Australia, in seventh and eighth place, respectively. The US fell to 19th in 2016 (from third in 2007) due to reduced social support and increased corruption3.
So, as a country we’re doing well – but what about happiness on a personal level?
Achieving happiness each day doesn’t need to be an elusive goal. By building a sense of purpose, strong personal relationships and financial control, you could be well on your way to maximising your happiness.
A sense of purpose
Off the south coast of Japan lies Okinawa, an archipelago that boasts some of the longest living people in the world4. Along with various other lifestyle factors, their pursuit of other goals lead to a sense of wellbeing and give more meaning to life.
Okinawans have a strong sense of purpose – what they call their ‘ikigai’5. An ikigai is what drives you to get out of bed every day, your reason for being. It could be sharing your knowledge and skills with others, looking after your family, cooking delicious food, playing a sport or musical instrument, or advocating for others.
Finding an ikigai, whatever it might be, and trying to live it each day could increase your happiness6. Ask yourself, what is my passion? How do I find meaning in life? When do I feel most at peace or energised?
Strong personal relationships
Enjoying close relationships with caring, supportive people is a key ingredient of wellbeing7. Having someone by your side to share your thoughts, dreams and fears with, and who makes you feel loved and valued, can help you overcome the obstacles life throws your way. But where to start?
Think about who you reach out to – or have reached out to in the past – to connect and share with. Keep in touch with these people, and put in the effort to rekindle any relationships you’ve been too busy for lately.
Join a group or club. From book clubs to sports teams, bushwalking groups to community advocacy organisations, joining a team that shares your passions is a great way to form a deep connection with someone – and even live your ikigai at the same time!
Financial stress affects nearly one in three people in Australia, according to new research from Core Data, commissioned by Australian start-up Financial Mindfulness8.
Importantly, Core Data’s research showed that experiences of financial stress was not confined to low-income households but felt more widely across different salary brackets9. These experiences of financial stress could include being unable to pay bills on time, afford a meal with friends or holiday, or raise sufficient funds in time for something important, among others10.
So, perhaps minimising financial stress isn’t only about how much money you have – but how well you manage it.
While the idea of reviewing your finances and setting up a budget may provoke feelings of gloom, it could be an effective way to reduce your financial stress and increase your happiness.
Our budget calculator can help you build a budget and the AMP Bett3r Account can help you easily track your bills, savings goals, and lets you know how much is safe to spend. And there are many more actions you can take to help turn things around.
If you need further assistance, an adviser may offer guidance to help you to achieve your financial and life goals.
Remember, it’s not possible to be happy all the time. Many other factors play a huge role in our happiness. If things are getting you down, support is available. Contact beyondblue or call Lifeline on 13 11 14.
By finding your purpose in life, forming strong connections with others and achieving a sense of control over your finances, you can hopefully take charge of creating and maintaining your own happiness. And remember, you’re already off to a good start simply by living in Australia.
1United Nations Sustainable Development Solutions Network (2017), World Happiness Report 2017, paragraphs 2–3
2United Nations Sustainable Development Solutions Network (2017), World Happiness Report 2017, pg. 20
3United Nations Sustainable Development Solutions Network (2017), World Happiness Report 2017,
4 National Geographic,Blue Zones, Okinawa, Japan, paragraph 1
5National Geographic, Blue Zones, Okinawa, Japan, paragraph 2
6World Economic Forum, 9 Lessons from the world’s Blue Zones on living a long, healthy life, paragraph 5
7Australian Psychological Society (2016), APS Compass for Life Wellbeing Survey, pg. 23
8Financial Mindfulness, Personal financial stress devastating Australian lives, paragraph 1
9Financial Mindfulness, Personal financial stress devastating Australian lives, paragraph 12
10Australian Bureau of Statistics, 6560.0 Household Expenditure Survey, Australia: Summary of Results, 2015-2016, paragraphs 3–4
Whether it’s the war on waste, human rights abuses, animal rights or climate change that is your issue of choice (or perhaps you’re concerned about all of them), more of us are taking an interest in making decisions with our money that reflect our values.