Contentment is the experience of satisfaction and being at ease in one's situation.
Some of the earliest references to the state of contentment are found in the reference to the midah (personal attribute) of Samayach B’Chelko. The expression comes from the word samayach (root Sin-Mem-Chet) meaning "happiness, joy or contentment", and chelko (root Chet-Lamed-Kuf) meaning "portion, lot, or piece", and combined mean contentment with one’s lot in life. The attribute is referred to in the Mishnahic source which says
“Ben Zoma said: Who is rich? Those who are happy with their portion.”
The origins of contentment in Jewish culture reflect an even older thinking reflected in the Book of Proverbs which says,
A joyful heart makes a cheerful face; A sad heart makes a despondent mood. All the days of a poor person are wretched, but contentment is a feast without end.
Who seeks more than he needs, hinders himself from enjoying what he has. Seek what you need and give up what you need not. For in giving up what you don’t need, you’ll learn what you really do need. 
In a Buddhist sense, it is the freedom from anxiety, want or need. Contentment is the goal behind all goals because once achieved there is nothing to seek until it is lost. A living system cannot maintain contentment for very long as complete balance and harmony of forces means death. Living systems are a complex dance of forces which find a stability far from balance. Any attainment of balance is quickly met by rising pain which ends the momentary experience of satisfaction or contentment achieved. Buddha's task was to find the solution to this never ending descent into dissatisfaction or Dukkha. The Buddhist faith is based on the belief that he succeeded.
Most religions have some form of eternal bliss or heaven as their apparent goal often contrasted with eternal torment or dissatisfactions.
The source of all mentally created dissatisfactions appears to stem from the ability to compare and contrast experiences and find reality as one is living it to be less than ideal. The solution is to seek out ways to either make experienced reality conform to the ideal or to lower expectations to the level of the experienced. When one can live in the moment with expectations in harmony with experiences one has achieved the greatest mental contentment possible. Variants of this pursuit are found in all religions and manifest in many forms of meditation and prayerful devotions.
The American philosopher, Robert Bruce Raup wrote a book Complacency:The Foundation of Human Behavior (1925) in which he claimed that the human need for complacency (i.e. inner tranquility) was the hidden spring of human behavior. Dr. Raup made this the basis of his pedagogical theory, which he later used in his severe criticisms of the American Education system of the 1930s.
Contentment, or complacence, is the experience of satisfaction and being at ease in one's situation.
Reported in Josiah Hotchkiss Gilbert, Dictionary of Burning Words of Brilliant Writers (1895).
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a state of mind in which one's desires are confined to his lot whatever it may be (1 Tim. 6:6; 2 Cor. 9:8). It is opposed to envy (James 3:16), avarice (Heb. 13:5), ambition (Prov. 13:10), anxiety (Matt. 6:25, 34), and repining (1 Cor. 10:10). It arises from the inward disposition, and is the offspring of humility, and of an intelligent consideration of the rectitude and benignity of divine providence (Ps. 96:1, 2; 145), the greatness of the divine promises (2 Pet. 1:4), and our own unworthiness (Gen. 32:10); as well as from the view the gospel opens up to us of rest and peace hereafter (Rom. 5:2).
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