Bhutan is a small landlocked country in south Asia, it has a small population of about 700,000 people. However it is ranked one of the happiest countries in the world!(it was ranked happiest country in Asia by business week magazine in 2006)
i believe this is partly due to the fact that they pursue GNH instead of GDP.
GNH- Gross National Happiness
as the video explains, the pursuit of happiness > the pursuit of economic growth and materialistic wealth in Bhutan. despite not being very well off as a country, it is a very happy country.
so it is possible to be happy without having many things or having alot of money, what we need is the the right attitude.