Study finds money can make you happier, but there is a limit
A total of 394 participants were included in the study, which was followed by two additional studies to validate the results. Research has found that there is a link between the amount of money a person earns and how often they experience moments of happiness. However, money was unrelated to the intensity of happiness experienced during these times, noting a limit to the contribution of financial status to her sense of well-being.
People with low incomes are more likely to engage in passive leisure activities, while people with higher incomes are more likely to engage in active leisure activities, according to the new study. This is not surprising since passive activities like watching TV don’t require a lot of money, but active activities like participating in a hobby usually come at a certain cost.
According to the study, engaging in passive leisure activities may reduce the frequency with which a person feels a sense of happiness, but it does not reduce the intensity of the happiness experienced. Ultimately, research reveals that money can contribute to a person’s happiness, but it only plays a role in the broader experiences of their life and the satisfaction it brings them.
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