Study to reveal how the happier half lives

Sep 23, 2013

Danish researchers are preparing to conduct studies to determine the effect of wealth on happiness.

The studies are based on the research of Harvard business professor Michael Norton, whose research shows that spending money on a personal experience or to purchase time-saving services is the best way to spend a financial windfall.

The Danish studies to be carried out by the Institut for Lykkeforskning, a happiness think-tank, will focus on whether paying to have your home cleaned makes people happier.

Previous Danish studies have confirmed that people with higher incomes and those who feel their finances are in order, regardless of income, are happier.

Politiken

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