Can money buy you happiness? Yes.
A research study by the University of Michigan has found that mo’ money does not mean mo’ problems.
Reported in today’s City AM, the study identifies a strong correlation between rising personal wealth and happiness. “There’s no stopping the trend: as income rises, happiness and satisfaction levels increase just as inexorably.” Once you’re in the $100-$150k earnings bracket, everyone in the survey is either “very or fairly happy”. And it just gets better from there.
From my own experience, more money didn’t always mean I was happier. But it certainly took the edge off the blues.