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My hypothesis, which we’ll try to see if it’s true through scientific and sociological research, is that there will be a very strong link between wealth and happiness (or more accurately, sorrow) for people with a negative or very low net worth. This is because these people and households will be struggling to pay their bills, be mounted with crippling debt and have many other money stresses that negatively impact their happiness.Then, it seems logical that as net worth increases up to a level which allows you to live comfortably, happiness will increase relative to those net worth increases.However, I believe there will be a directly proportional relationship between wealth and happiness (as wealth goes up, happiness goes up at the same rate), only up to a certain point. After this level, I think that each progressive increase in wealth attracts a lesser increase in happiness. I also would postulate that this point is around the level where the individual (or household) feel that they have reached “financial independence”.
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