This narrative review delves into the psychological phenomenon of “fear of happiness,” an intriguing aspect of emotional experience within the context of modern society. By synthesizing a diverse array of empirical studies, theoretical frameworks, and psychological perspectives, this review seeks to provide an in-depth understanding of the causes, consequences, and potential interventions associated with fear of happiness. The review highlights cultural influences and societal norms as contributing factors to the emergence of this fear. Additionally, the impact of materialistic values on inhibiting the pursuit and acceptance of happiness is explored. The consequences of fear of happiness are examined through the lens of diminished life satisfaction and engagement in self-sabotaging behaviors. Furthermore, the review identifies potential interventions for addressing fear of happiness. In conclusion, this review sheds light on the multifaceted nature of fear of happiness in modern society. By integrating and analyzing existing research, it underscores the need for further exploration and tailored interventions to address this complex emotional phenomenon.