Wealth & wellbeing

Does money buy happiness?

The question itself is a cliché, but is there any truth in the old saying? Let’s find out by comparing household wealth with life satisfaction

Better Life Index “Life Satisfaction” vs Household Financial Wealth

Life satisfaction indexHousehold net financial wealth ($’000)*

* Average total value of a household’s financial assets (savings, stocks) minus their liabilities (loans)

Source: OECD, 2014