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Academically speaking, happiness cannot be measured. It is really a mix of health, emotions, the way you evaluate your life, and the extent to which you live out your values.
While happiness can't be measured, you can measure life satisfaction by asking questions about how much you feel joy. You can measure people's sense of purpose by asking what new and interesting things they learn every day and if they used their strength to do what they do best.
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Happiness can be thought of as a retirement portfolio. You want it balanced with short and long term investments.
Those in pursuit of purpose miss that there is value in the sum of positive emotions we experience every day. If you're only goal-oriented, you forgo today's joy for a perceived better future. But, chasing tomorrow might not give you the happiness you desire.
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You can do several things to enjoy your life day-to-day. Positive psychology techniques of gratitude is generally a short-term solution.
More importantly is to optimize your environment so you're more likely to be happy long term.
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Even if you cannot change your broader environment, you can still do small things to create positive emotions.
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