Money Can Buy You Happiness, Says Study

Mar 15 2023

The Milliondollar Question Answered The Debate On Whether Money Can Buy Us Happiness Or Not Has Finally Been Answered By A Study Conducted By Daniel Kahneman A Nobelprizewinning Economist And Matthew Killingsworth From Princeton University And The University Of Pennsylvania

The Study Surveyed Over 33000 Individuals Aged Between 18 And 65 Through A Smartphone App According To A Report By The Washington Post Istock

Contradicting 2010 Research

The People Surveyed Had A Household Income Of At Least 10000 Per Year

The Research As Stated In The Report Revealed That The Responses Were Diverse And Ranged From Very Good To Very Bad At Random Intervals Istock

The Conclusions As Stated By Cbs News Indicated That The Study Yielded Two Results Istock

First Conclusion Happiness Improves With Higher Incomes Up To 500,000 Per Year Istock

Secondly It Can Be Concluded That Higher Incomes Do Not Have A Significant Impact Especially Considering The Fact That This Observation Was Limited To Only 15 Of The Participants Surveyed Istock

The Catch Before You Believe It

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