Does more money bring greater happiness?
Logic would suggest yes; after all, we all talk about what we would do if we had more money, but science suggests otherwise. According to science, more money brings more happiness, but only up to a certain point. This is a very intriguing phenomenon, and if you are interested learning more, check out the Meb Faber Show podcast below.
Meb has Elizabeth Dunn, an expert on Money and Happiness, on the show and they have a great discussion on the topic of Money and Happiness. I’ve also included a video of a talk Elizabeth gave on the topic.
Disclaimer: Nothing on this blog should be considered advice, or recommendations. If you have questions pertaining your individual situation you should consult your financial advisor. For all of the disclaimers, please see my disclaimers page.