Their research stated that wealth does not necessarily make rich people happier in their everyday lives. This, however, cannot be said for lower income individuals and families, who infact suffer from unhappiness and depression due to the lack of wealth in their lives. The researchers studied a regular day in the lives of several people from different social strata, and found “no trace of a relationship between income and happiness”, stating that “this finding, however, dovetails with recent theory and research showing that wealth may undermine people’s ability to savor positive events, largely canceling out the happiness benefits of higher income”. The research suggests that the wealthy do not appear to receive too much daily happiness from their income, the poor, however, do suffer from greater daily sadness than the rich. Even mundane daily activities affect an individual 's level of happiness—from commuting, to socializing, to talking on the phone— the researchers found that individuals with low income feel sadder than individuals with a high income, because income predicts greater sadness throughout the day regardless of what that individual is doing. The researchers also found a relationship between stress and an individual 's income, the poor suffer from stress due to the psychological burdens that poverty has inflicted upon them. This stress often leaves the individual unhappy and at times worsens their
Their research stated that wealth does not necessarily make rich people happier in their everyday lives. This, however, cannot be said for lower income individuals and families, who infact suffer from unhappiness and depression due to the lack of wealth in their lives. The researchers studied a regular day in the lives of several people from different social strata, and found “no trace of a relationship between income and happiness”, stating that “this finding, however, dovetails with recent theory and research showing that wealth may undermine people’s ability to savor positive events, largely canceling out the happiness benefits of higher income”. The research suggests that the wealthy do not appear to receive too much daily happiness from their income, the poor, however, do suffer from greater daily sadness than the rich. Even mundane daily activities affect an individual 's level of happiness—from commuting, to socializing, to talking on the phone— the researchers found that individuals with low income feel sadder than individuals with a high income, because income predicts greater sadness throughout the day regardless of what that individual is doing. The researchers also found a relationship between stress and an individual 's income, the poor suffer from stress due to the psychological burdens that poverty has inflicted upon them. This stress often leaves the individual unhappy and at times worsens their