Can more money buy happiness? Heres what the research says [Video]

A new study by Matt Killingsworth from the Wharton School at the University of Pennsylvania suggests that money can buy happiness. The research surveyed over 33,000 US-employed adults and found that individuals with higher incomes reported higher levels of satisfaction with life. The study also included data from extremely wealthy participants, showing that those with net worths over $1 million scored significantly higher on the satisfaction scale. The research challenges conventional wisdom and prior studies on the relationship between money and happiness, highlighting the significant impact of income disparities on overall well-being. Despite the self-published nature of the study, it sheds light on the happiness gap and the influence of wealth on life satisfaction.