20 Mar More on money and happiness
Money does not buy happiness, study finds
By Sarah Womack, Social Affairs Correspondent
Happiness has not risen in the past 50 years even though incomes have almost trebled, a study claims.
Money is only part of a person’s ‘standard of living”, and many worry about their health in old age and how much money they will have in the future, researchers say.
However, those who give to charity feel happier and report feeling a “warm glow” about their behaviour, says the report, presented at the Royal Economic Society’s annual conference.
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