The results are in: money can buy happiness, but it doesn’t come cheap. Not only that, the amount of happiness your money can buy can be measured.
I know this runs contrary to everything we’ve ever heard since childhood about money—“It can’t buy happiness, it can’t buy health, and it can’t buy love.” But the facts don’t support this.
First, according to surveys, the rich are more optimistic about their lives. Optimism is a major factor in happiness.
Second, medical evidence shows those with more money live longer, healthier lives than those with less. There are always the stories featuring the rich kid who rebelled and died of an overdose or the monied uncle who had a heart attack while living the high life, but on average, those with more money live longer and healthier lives. Not only that, but despite all the food they can buy with their loot, the rich tend to be thinner than the poor, another sign of good health.
In the Whitehall Survey, conducted at University College......
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