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New study suggests well-being increases with income

Posted at 7:41 AM, Jan 26, 2021

We've all heard money can't buy happiness but maybe that's not true.

A new study found that one's well-being appears to grow with their paycheck.

Previously it was believed that well-being did not increase if you were making more than $75,000 a year.

READ STUDY HERE

In this study researchers looked at how people were feeling during the moments of life.

They used more than one million real-time reports from 33,000 U.S. adults and found that as income increased, so did well-being.