A recent experiment suggests that money can indeed buy happiness — at least for six months, among households making up to $123,000 a year.
The group that got $10,000 reported higher levels of happiness than those who did not after their three months of spending.
Then, after three more months had passed, the recipients still reported levels of happiness higher than when the experiment started.
Ania Jaroszewicz, a behavioral scientist at Harvard University, said there is still no scientific consensus about whether money can buy happiness.
Jaroszewicz highlighted that in any study of money and happiness, outcomes can also depend on the particular circumstances of people's lives and their expectations.