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Can Money Really Buy Happiness?
Posted
July 20, 2024
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2,107
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July 20, 2024
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0:55Now PlayingWhen it comes to money buying happiness, more is better. That’s according to new research from a senior fellow at the Wharton School who has argued that the correlation between wealth and well-being does not plateau once incomes reach a certain point.
Matthew Killingsworth, who studies the causes of human happiness, said both millionaires and billionaires are significantly happier than people earning more than $500,000 a year in an update to a study published last year that argued against the notion of a so-called “happiness plateau.”
“The results suggest that the positive association between money and well-being continues far up the economic ladder,” Killingsworth said.
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