At least it is according to Psychologist Dr Cliff Arnall who has done “research” and devised a formula to prove it.
Dr Arnall, 44, who runs the Feelconsultancy.com happiness clinics, said feel-good sensations are enjoying time with friends and loves ones, appreciating nature in the sunshine and looking forward to the weekend and a holiday.
His complicated mathematic formula is: O + (N x S) + Cpm/T + He.
Put simply, he gave values to each symbol and added being outdoors (O) to nature (N) multiplied by social interaction (S), added memories of childhood summers (Cpm) divided by the temperature (T), and added excitement about holidays (He).
Dr Arnall, from Brecon in Powys, Wales, said: "People's minds are on the credit crunch – but that doesn't take away from the equation's primary factors, which are spending time with people you love and being outdoors in the warm weather.
"The most important things you can do to be happy are free. People may be less able to afford other leisure activities but it's free to walk in the park or paddle in a stream.
"It refreshes you and you forget your other worries.
"And the most important thing in our lives are our relationships – and no amount of money can buy that.
The formula in detail:
The Happiness Formula - O + (N x S) + Cpm/T + He
O = being outdoors and outdoor activity
N = nature
S = social interaction
Cpm = memories of childhood summers and other positive thoughts
T = temperature
He = excitement about holidays
There, now don’t you fell better?
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