Buying time, rather than stuff, is likely to make you happier
A recent study on money and happiness brought disappointing news for those hoping that having more of the former will guarantee them more of the latter.
Researchers asked more than 4,000 millionaires of different levels of wealth to say how they were. What they discovered was that multi-millionaires are generally no happier than plain millionaires, and that it’s not until you’ve amassed around £6 million that you start to feel happier than those with less money. Even those with more than £7.5 million reported only “modestly greater well-being”.
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