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  • January 25, 2021
  • Blog Post
  • Character & Context

Lower Income Translates to Fewer Happy Experiences—Here Is How We Can Fix It

By: Jon M. Jachimowicz and Adam Eric Greenberg
  • Format:Electronic
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Abstract

Can money actually buy happiness? Research shows that having more money makes people evaluate their lives more favorably (what researchers call “life satisfaction”). Surprising as it may seem, whether money leads to greater life satisfaction because it makes people happier remains an open question. We sought to uncover a piece of this puzzle by exploring how the lifestyle that higher income affords influences the kind of happiness people experience, and in turn, their life satisfaction.

Keywords

Life Satisfaction; Social Justice; Money; Happiness; Satisfaction; Well-being

Citation

Jachimowicz, Jon M., and Adam Eric Greenberg. "Lower Income Translates to Fewer Happy Experiences—Here Is How We Can Fix It." Character & Context (January 25, 2021). https://www.spsp.org/news-center/blog/jachimowicz-greenberg-wealth-happiness-inequalities.

About The Author

Jon M. Jachimowicz

Organizational Behavior
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