Study finds how kids feel about happiness and wealth

They say money can't you buy happiness, and according to a new report, that's definitely the case when it comes to kids.Researchers surveyed 53,000 children between the ages of 8 and 12 years old from 15 countries and found most kids are happy regardless of their material wealth.

The children were asked if they had access to goods such as TVs, computers, nice clothes and a family car. They, they were asked to rate their satisfaction with life. While children in Norway have access to the most items, they aren't the happiest -- and in fact, the kids from Norway were found to have have similar happiness levels to children in Ethiopia, Algeria and Nepal.

The researchers did find some differences between boys and girls. In developed countries including South Korea, the UK and Germany, girls are less satisfied with their appearance than boys.

But overall, children are an optimistic bunch, with the report concluding that they have, on average, higher satisfaction levels than adults.

COURTESY: International Survey of Children's Well-Being

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