Final Note

Money can buy you less unhappiness

Kai Ryssdal Jan 23, 2015
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Final Note

Money can buy you less unhappiness

Kai Ryssdal Jan 23, 2015
HTML EMBED:
COPY

Maybe once and for all we can settle the whole “can money buy you happiness” conundrum.

The answer, once you do the regression analysis and adjust for other factors, is that having more money does reduce unhappiness, according to a study in the journal “Social Psychology & Personality Science.”

But here’s the catch: Having more money doesn’t increase happiness.

Seems it all revolves around something social scientists call negativity bias, which states that we — being humans — are more likely to remember negative experiences over positive ones.

 

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