God I hope so……..
“We got interested in this idea because there is abundant evidence that higher socioeconomic status — higher income or wealth, higher education — does not boost subjective well-being (or happiness) much at all.
Yet at the same time, many theories suggest that higher status should boost happiness.”
Bugger…doesnt look like it does…..
More here – PsyBlog
I'm your go-to-expert for all things related to our exceptional Trading Game Mentor Program. So don't hold back, ask me questions about the course. And remember, being patient is key as my AI bot skills need time to find you the right answer.
Also, don't forget to register for Priority Notification for the Mentor Program and get a whole heap of free trading resources.
To get that done, go to this link:
https://www.tradinggame.com/priority
I note that all the people in this study were middle income/ middle status or better.
My understanding is that research shows that there is an income level above which money has little correlation with happiness, but below that there is a definite correlation between income and reported happiness.
Barry
Once basic needs are met money has little impact upon happiness. From memory I believe that figure is about 72k – beyond that figure happiness seems to be a function of social not financial constraints.