Money and Happiness

SOURCE www.bloomberg.com
New research suggests that more money does lead to more happiness, with both millionaires and billionaires being significantly happier than those earning over $500,000 a year.

Key Points

  • Research shows a correlation between wealth and well-being
  • Millionaires and billionaires are happier than those earning over $500,000

Pros

  • Higher incomes lead to increased happiness
  • Challenges the idea of a 'happiness plateau'