Two researchers from Harvard Business school reported in the Wall Street Journal about a study they completed on “happiness.” According to Grant Donnelly and Michael Norton, their study focused specifically on wealth and happiness in millionaires.
They surveyed over 4,000 millionaires to determine if increased wealth brings happiness and if their happiness was impacted by whether the wealth was earned versus inherited. The researchers concluded that there was marginally greater happiness as wealth increased.
They also discovered that those who earned their wealth were far happier than those who inherited it.
Psalm 128:2 reminds us, “When you shall eat of the fruit of your hands, you will be happy and it will be well with you.”
Wealth earned by hard work feeds the soul, even if you have an inheritance.
