certainly money is needed for basic needs and comforts.but beyond a point money does not bring u happiness. further happiness is a relative term having different meaning to different persons and at different age of persons . for instance a young man runs after money for getting his comforts fulfilled and be happy. but an old man looks for care and support and not money for his happiness even if he has enough money. more over health is more imptt than wealth as all know. so money may be means to happiness but money perse is not happiness.