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URL: https://www.coursera.org/learn/money-and-happiness

⇱ Money and Happiness | Coursera


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Money and Happiness

This course is part of multiple programs.

Included with

Gain insight into a topic and learn the fundamentals.
Beginner level
No prior experience required
6 hours to complete
Flexible schedule
Learn at your own pace

Gain insight into a topic and learn the fundamentals.
Beginner level
No prior experience required
6 hours to complete
Flexible schedule
Learn at your own pace

What you'll learn

  • Define key concepts related to happiness, subjective well-being, and financial well-being.

  • Identify how income, values, and financial behaviors influence personal well-being.

  • Describe strategies for aligning financial decisions with personal values.

  • Create a personalized plan to enhance happiness through intentional financial choices.

Details to know

Shareable certificate

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Assessments

6 assignments

Taught in English

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This course is available as part of
When you enroll in this course, you'll also be asked to select a specific program.
  • Learn new concepts from industry experts
  • Gain a foundational understanding of a subject or tool
  • Develop job-relevant skills with hands-on projects
  • Earn a shareable career certificate

There are 4 modules in this course

What does it mean to live a good life—and how does money fit into that picture?

In this course, you'll explore the science behind happiness and financial well-being. Drawing from psychology, behavioral economics, and personal finance, you'll learn how money can both help and hinder our pursuit of a meaningful life. Along the way, you'll reflect on your own values, assess your financial wellness, and discover practical strategies to align your spending with what matters most. Whether you're a student, professional, or lifelong learner, this course will help you understand the complex relationship between money and happiness—and empower you to make choices that support your well-being. By the end of the course, you’ll walk away with a personalized plan to enhance your happiness through intentional financial decisions. This course is part of the College of ACES suite of online programs. To learn more about online programs from the College of ACES and explore ways to apply your Coursera work toward a degree program at the University of Illinois, visit: https://aces.illinois.edu/online.

In the course orientation, you will become familiar with the course, your classmates, and our learning environment. The orientation will also help you obtain the technical skills required for the course. Then dive into the second part of this module to explore what happiness means—both personally and scientifically. We’ll examine how definitions of happiness have evolved over time and introduce the concept of subjective well-being. You’ll also learn how financial well-being fits into the broader picture of a happy life and take a short assessment to reflect on your own financial wellness. This week sets the foundation for everything to come.

What's included

8 videos6 readings2 assignments1 discussion prompt

8 videosTotal 28 minutes
  • Course Overview1 minute
  • Meet Your Instructor | Donovan Sanchez1 minute
  • Module 1 | Overview1 minute
  • What is Happiness?6 minutes
  • What is Financial Well-Being?9 minutes
  • Achieving Financial Well-Being3 minutes
  • Strengthening Financial Well-Being6 minutes
  • Module 1 | Wrap-Up1 minute
6 readingsTotal 60 minutes
  • Syllabus10 minutes
  • Updating Your Profile10 minutes
  • Scientific answers to the timeless philosophical question of happiness10 minutes
  • Reading Highlights | Financial Well-Being: The Goal of Financial Education10 minutes
  • Activity | Take the CFPB Financial Well-Being Quiz10 minutes
  • Financial Well-Being: What it means and how to help10 minutes
2 assignmentsTotal 20 minutes
  • Module 1 | Knowledge Check10 minutes
  • Orientation Quiz10 minutes
1 discussion promptTotal 10 minutes
  • Getting to Know Your Classmates10 minutes

This module explores the relationship between money and happiness. You’ll learn about hedonic adaptation—a key theory in happiness research—and examine what the data says about how income affects well-being. We’ll also look at contradictory findings in the literature and discuss how to interpret them with humility and curiosity.

What's included

6 videos3 readings1 assignment

6 videosTotal 17 minutes
  • Module 2 | Overview1 minute
  • Tolstoy’s Tale and the Pursuit of More3 minutes
  • Hedonic Adaptation Theory 4 minutes
  • The effect of income on subjective well-being4 minutes
  • Contradictory findings on the effect of income on subjective well-being4 minutes
  • Module 2 | Wrap-Up1 minute
3 readingsTotal 30 minutes
  • How Much Land Does a Man Need?10 minutes
  • Hedonic Adaptation and the Set Point for Subjective Well-Being10 minutes
  • Income and Happiness: What the Research Really Says10 minutes
1 assignmentTotal 10 minutes
  • Module 2 | Knowledge Check10 minutes

This module is all about self-discovery. You’ll reflect on your personal values using the Kinder Questions, explore how your upbringing shaped your financial beliefs through a Money Genogram, and begin aligning your financial goals with what matters most to you.

What's included

10 videos2 readings1 assignment

10 videosTotal 31 minutes
  • Module 3 | Overview1 minute
  • The Story of the Mexican Fisherman4 minutes
  • How do you know what you value? 3 minutes
  • Financial Socialization5 minutes
  • Tools to Unpack Financial Socialization5 minutes
  • Identifying Values and Goal Setting6 minutes
  • The Money Genogram Project2 minutes
  • Personal Reflection2 minutes
  • Visualization 4 minutes
  • Module 3 | Wrap-Up1 minute
2 readingsTotal 20 minutes
  • Interactive Money Genogram10 minutes
  • Money Genogram10 minutes
1 assignmentTotal 10 minutes
  • Module 3 | Knowledge Check10 minutes

In our final module, you’ll bring everything together. We’ll explore the importance of relationships, revisit hedonic adaptation, and learn how to use money in ways that increase happiness. You’ll then create a personalized plan grounded in your values and the science of well-being. This is your opportunity to take what you’ve learned and apply it to your life. At the conclusion of this module, you will be ready to complete the final assessment for the course and earn your Coursera certificate!

What's included

8 videos5 readings2 assignments1 plugin

8 videosTotal 26 minutes
  • Module 4 | Overview1 minute
  • What is the most important factor in overall well-being?4 minutes
  • Hacking hedonic adaptation3 minutes
  • Where do we get it wrong when it comes to money and well-being?3 minutes
  • Ways that money might “buy” happiness10 minutes
  • Bringing it all together2 minutes
  • Relationships, Purpose, and Autonomy3 minutes
  • Module 4 | Wrap-Up1 minute
5 readingsTotal 50 minutes
  • Learner Highlight Guide: Spending for Happiness10 minutes
  • Reflection and Planning Guide10 minutes
  • Resources & References10 minutes
  • Take the Next Step Toward Wealth and Happiness10 minutes
  • Getting Your Course Certificate10 minutes
2 assignmentsTotal 40 minutes
  • Module 4 | Knowledge Check10 minutes
  • Final Assessment30 minutes
1 pluginTotal 15 minutes
  • What makes a good life? Lessons from the longest study on happiness | TED15 minutes

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Instructor

University of Illinois Urbana-Champaign
1 Course258 learners

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Frequently asked questions

Yes! Although completion of the Coursera course alone is not credit-bearing, it is a required component of a graduate-level Canvas course that can be "stacked" toward advanced credentials such as an academic (transcriptable)  graduate certificate or a degree. If you decide to pursue further education, the credits you earn from this course can be applied toward a formal academic program, provided that you meet all the requirements of admission to the certificate or degree.

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When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.

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