Rich people tend to report happier than poor people.
Is this true? as according to my understanding from corelates between affluence and happiness, a certain amount of money is important for satisfaction (Maslow's hierarchy), after which money can not relate to the true sense of happiness.. infact, a few research articles also suggest that the individuals with money to satisfy their minimum (india vs usa) show to be happier.
please verify this statement
https://buddingpsychologists.org/psychology-of-happiness-factors-affecting-happiness/
- Gupta, A. (2016). Place of Wealth in Indian Culture-Scriptural Evidences and Comparisons. Retrieved 20 July 2020, from https://swarajyamag.com/culture/place-of-wealth-in-indian-culture-scriptural-evidences-and-comparisons
- Joshi, M. M. (2002). Happiness doesn’t equal a Mercedes Benz. The New Indian Express, July 28.