People with higher incomes are, broadly speaking, happier than those who struggle to get by, researchers say.
But what matters more than having a lot of money is the way one spends it, The Wall Street Journal reports:
— Giving money away makes people happier than lavishing it on themselves
— Spending money on experiences like travel makes people happier than spending it on material goods
— People quickly take new possessions for granted; that can be slowed by adopting an attitude of gratitude
— People are happier who spend their money to buy themselves time, avoiding a long commute, for example.