Does wealth have a direct correlation with happiness?

Wealth and Happiness

Does wealth directly influence happiness?  A lot of people think that if you have a lot of money, you will be happy. Granted, the more money you have, the more things you can do to have fun like vacations, but really, it depends on the person. Some people are content with having a steady job and a loving family. On the other hand, there are people who are only happy if they are doing something exciting or new all the time. Its no question that if you asked anyone if they wanted more money, the answer would be yes. But, to some it is not the most important thing in the world.