It is a well-known truth that money cannot buy happiness, but scientists, who are used to doubting everything, decided to test this statement.
Maybe it's just a statement for the poor or middle class. At least now you'll have something to say when you hear a familiar phrase.
Matthew Killingsworth, an employee of the University of Pennsylvania, worked on this issue. The author personally published the results of his work in a preprint.
The scientist conducted a comparative analysis of representatives of three groups.
These were people with incomes of $10,000 and up, as well as the very rich, whose fortunes amounted to millions of dollars.
As a result, the researcher came to the conclusion that Elon Musk could rather be called the happiest person.
According to Matthew, wealthy people are definitely happier than those who earn up to $500,000 a year.
The difference is even more significant when comparing the incomes of the middle class and poor people.
Killingsworth writes that the higher a person climbs the financial ladder, the closer he is to happiness.
But the indicator of happiness is determined not by the amount of material goods, but by the confidence that money gives.
Rich people can afford to control their lives and achieve the freedom they desire.