Does wealth bring happiness?

I agree to a small extent that wealth bring happiness. Although everything in the world costs money, food, drinks, etc and our ultimate motive in life is to get a job and earn money to support our family, we should not be obsessed with money as money cannot buy happiness. True happiness is when you spend time with your family and friends. Furthermore, financial conflicts have sown discords between many families, the members of the family think egocentrically, wanting the most for themselves. Lastly, as we all know, elderly and children need people to talk to and play with as they get lonely easily and they do not only want the things we give them. Thus, spending time with your family brings happiness, not only wealth.