Financial wellbeing: Does more money make us more happy?

Chris Budd explores the accumulation of wealth

clock • 4 min read

The Institute for Financial Wellbeing (IFW) is a community of financial services professionals interested in our relationship with money. In this month’s financial wellbeing column, founder Chris Budd explores the accumulation of wealth

Over the many years that I have been talking about the relationship between money and happiness, one question crops up over and over. It is this: Does more money make you more happy? I've asked this question of many people. Some say they intuitively feel that, after a certain point, we don't need more money to be happy. Others have claimed that I must be mad if I think that rich people aren't happier than poor people. A third section points out that I should try telling someone forced to use a food bank that money doesn't matter. All these points are valid. This is because the world i...

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