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Life

Money can buy you happiness – up to a point

By Bob Holmes

7 September 2010

CAN money buy you happiness? The answer, it appears, depends on what you mean by “happiness”. High earners are generally more satisfied with their lives, it seems, but a person’s day-to-day emotional wellbeing is only influenced by money up to a certain point.

and of Princeton University sifted through two years’ worth of Gallup poll data in which more than 450,000 US residents were asked about household income and happiness. The poll tried to measure happiness in two different ways. It measured people’s immediate emotional experience by asking questions like “Did you smile a lot yesterday?” Overall quality of life was…

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