'Money, money, money', difficult to forget ABBA's classic that was sung from both a practical and philosophical perspective. According to researchers, money is only one part of psychological wealth. Money's impact on happiness is not as large as we might contemplate.

Some studies also show that our choices are based on more than just math—they are also influenced by a complex web of psychological and emotional factors. Well, certainly money can buy some happiness, but it is just one piece of the mystery. And there is a real danger that increased income can actually make a family miserable—if your desire to spend grows with it. But that does not mean we have to follow a hermit or monk's lifestyle. The key is finding a balance between having too little and having too much—middle path is the best.

Recent trends on measurement of happiness and well-being have elevated the scientific standards and objectivity associated with approaches for national and international comparisons of well-being. One major theme in this has been the shift toward multidimensional approaches over reliance on traditional metrics such as single measures like happiness, life satisfaction or economic proxies (GDP). Top of that, why is happiness with modesty and wellbeing important for me and my surrounding members? Because, it benefits one and all. Happiness is one of the key remedies and we have more value to those around us. Feeling good about ourselves allows us to be good to the people in our lives. Eventually, we start respecting people without any materialistic interest.

Not all wealthy people are happy, but all happy people are rich inside their mindfulness. Modern culture is consumption-driven. If we want a fulfillment curve at the end of the day, we should own 'happiness with modesty as our prestige and jewelry.'

E-mail: rubaiulmurshed@shomman.org