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Article: Money does buy happiness, to a point
- Article from:
- The Record (Bergen County, NJ)
- Article date:
- November 27, 2006
- Author:
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MALCOLM RITTER, THE ASSOCIATED PRESS
The Record (Bergen County, NJ)
11-27-2006
Money does buy happiness, to a point -- The rich are more content, studies show
By MALCOLM RITTER, THE ASSOCIATED PRESS
Date: 11-27-2006, Monday
Section: NEWS
Edtion: All Editions
NEW YORK — Does money buy happiness?
It's sometimes said that scientists have found no relationship between money and happiness, but that's a myth, says University of Illinois psychologist Ed Diener.
The connection is complex, he says. But in fact, very rich people rate substantially higher in satisfaction with life than very poor people do, even within wealthy nations, he says.
"There is overwhelming evidence that money buys happiness," ...