Money Buys Happiness

A study published in Personality and Social Psychology Bulletin surveyed 4,000 millionaires to determine the link between money and happiness. 

From the PsyPost article about the study, the researcher says:

“The general finding is that more money does lead to more happiness,” Donnelly explained to PsyPost. “So, while we’ve believed before there is diminishing marginal utility, the curve doesn’t diminish as quickly as we once thought — and even when basic needs have been met, acquiring more wealth does increase happiness.”