Do you have no friends but still aspire for happiness? Then you'd better have £50,000 on your account. According to the economist, Professor Oswald at Warwick University, this amount of money is what it takes to make up for not having friends and still be happy. Although, luckily enough for all of us with small purses, according to research on happiness, deep and meaningful relationships with friends and family has a much bigger effect on average on happiness than a typical person's income. BBC News writes more on why the sense of happiness doesn't increase along with the standard of living, and on what does boost happiness, here.