Family Resources
Research-backed solutions for the intentional family
Family Finance Basics
Research has shown that increasing income does grant most Americans some level of increasing life satisfaction and emotional well-being—but only up to a point. After that point, satisfaction and well-being actually start to decrease. The authors of the study speculate that although money is useful in paying for daily needs, repaying debt, and providing some basic “extras,” after this point, “people may be driven by desires such as pursuing more material gains and engaging in social comparisons, which could, ironically, lower well-being.”
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