There are probably more aphorisms about money than almost any other topic. “Money is the root of all evil”…”You can’t take it with you”…”Shrouds don’t have pockets”….”Neither a borrower nor lender be.”   My personal favorite is that “money doesn’t buy happiness, but it does buy a better class of problems.”

Perhaps, the best known of these is “Money doesn’t buy happiness.” But is it really true? Check out this executive summary of the research on the question by Daniel Kahnemann (Nobel prize winning economist and author of “Thinking Fast and Slow”) and others. They asked, Does Money Buy Happiness?