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Income and happiness
Scientific literature points out that money tends to make people happier, but not always.
An unstudied aspect of money is how our income and wellbeing relate to hope - how people think about the future.
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A higher income may cause people to be hopeful and improve their level of life satisfaction. It could also be that optimistic people make more money due to them already being hopeful.
A new study found a positive connection between money and well-being, but it is subject to various other factors.
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No Matter What We Earn, We Believe Our Richer Neighbors Have More to Give
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Money brings in freedom and happiness.
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