It’s an age-old question: Can money buy happiness?
Over the past few years, new research has given us a much deeper understanding of the relationship between what we earn and how we feel. Economists have been scrutinizing the links between income and happiness across nations, and psychologists have probed individuals to find out what really makes us tick when it comes to cash.
The results, at first glance, may seem a bit obvious: Yes, people with higher incomes are, broadly speaking, happier than those who struggle to get by.
But dig a little deeper into the findings, and they get a lot more surprising—and a lot more useful. Read more in WSJ