countries wealth affects life satisfaction more than income. In the countries for which consumption data are available (Britain …, results from panel regression fixed effects models indicate that changes in wealth, income and consumption all produce … and Hungary), non-durable consumption expenditures also prove at least as important to happiness as income. Further …

The wealthy hand-to-mouth are households who hold little or no liquid wealth (cash, checking, and savings accounts …

The wealthy hand-to-mouth are households who hold little or no liquid wealth (cash, checking, and savings accounts …