Maggiulli: Money increases happiness only for the poor or already happy
Nick Maggiulli · Episode 784 | The Wealth Ladder: Six Levels of Financial Freedom · Jul 22, 2025 · at 28:00
Nick Maggiulli summarizes empirical conclusions on the interaction between baseline emotional state, poverty, and marginal financial gains.
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“If you're happy, more money will make you happier. If you're poor, more money is likely to make you happier. If you're not poor or you're not happy, more money is not going to do a thing.”
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