Happiness is used in the context of mental or emotional states, including positive or pleasant emotions ranging from contentment to intense joy. It is also used in the context of life satisfaction, subjective wellbeing, flourishing and well being.
The word happiness is used in relation to 2 factors
1) The current experience of the feeling of an emotion (affect) such as pleasure or joy or of a more general sense of emotional condition as a whole ( so the here and now)
2) The appraisal of life satisfaction, such as of quality of life so an overall appreciation of ones life as a whole. Which some say is more importantly people than current experience.
Personally I believe it’s important to have both, and to bear each in mind when making decisions and living life daily.
Do something today that makes you happy.