Does Money Equal Happiness? A Study Evaluated 1.7mn Experiences to Find Out

Even research stands divided, but can we agree?

Pranshu "Maverick" Dwivedi
5 min readJan 10, 2022
Image licensed and purchased by author from Dreamstime | by Pavel Muravev

“When I was a kid, the monthly dining-out ritual with family was such a joy. Eating out doesn’t feel fun at all anymore.”

I said to my wife, reminiscing the old days and in a rather contemplating tone. We had spent the last 15 mins browsing through dozens of restaurants on a food-delivery app and decided we would rather cook at home.

“Well, maybe the more you have, the less joy you get from the same experiences. Taking a flight as a kid was an adventure, now it is a hassle — or at least used to be when we could still travel,” my wife eloquently summarized what I had been thinking but didn’t want to admit.

Yet, it had now been said.

I couldn’t help but wonder if all this pursuit of careers, money, and success, was worthless beyond a point.

However, was it just my wife and me who were extrapolating a random observation into something it wasn’t? Or, was it true?

I had to see if there was any broader research that was done around this to see what others felt, and there definitely was.

But it seemed that even research doesn’t fully agree on the point. I will focus on…

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Pranshu "Maverick" Dwivedi
Pranshu "Maverick" Dwivedi

Written by Pranshu "Maverick" Dwivedi

Stay-at-home-dad who "retired" from a 12-year career in finance at the age of 35. Curious thinker with an opinion on nearly everything and is here to share it.

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