The Institute for Financial Wellbeing (IFW) is a community of financial services professionals interested in our relationship with money. In this month’s financial wellbeing column, founder Chris Budd explores the accumulation of wealth
Over the many years that I have been talking about the relationship between money and happiness, one question crops up over and over. It is this: Does more money make you more happy? I've asked this question of many people. Some say they intuitively feel that, after a certain point, we don't need more money to be happy. Others have claimed that I must be mad if I think that rich people aren't happier than poor people. A third section points out that I should try telling someone forced to use a food bank that money doesn't matter. All these points are valid. This is because the world i...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes