Money bring happiness

Money cannot bring you happiness, old saying states. However, a new research shows the opposite.

Scientists-economists studied a character of expenses and peculiarities of personal finances of 600 people “with large carrying value” all over the world, these people’s available assets exceed 100 000 pounds.

They were asked about their attitude to money and influence wealth had on their lives, and also about motivation to economies and expenses. The result is simple: the bigger bank account is, the wider is mile. There is a shade more women who agree with such statement, than men.

80% of women and 78% of men with cash assets exceeding 500 000 pounds admitted money made them happier in private life.

70% of these women say money gave tem more free time. 2/3 state wealth allowed them improving health, and 63% consider higher salary strengthens satisfaction from work. Money also made 70% of women with cash assets from 100 000 to 50 000 pounds happier.

Economist Intelligence Unit report discovered men prefer spending their fortune on personal coaches, drivers and chefs, and women are inclined to use purchasing agents’, bodyguards’, stylists’ and private doctors’ services.

Travels, restaurants and cultural events – these are rich women’s favorite ways of spending money. Holidays and home design are their general priorities.

37% of women and only 12% of men stated regular shopping bring them pleasure. The report informs that joint fortune of the British richest women equals 33 billions pounds. Recent research states that women will form 53% of millionaires in Great Britain by 2020.

Emma Harrison, a founder of A4E Company with 100 million pounds turnover, dealing with unemployed people’s professional training, agreed big money made her happier, giving her “possibilities and alternatives”.

A 47 y.o. Mrs. Harrison., whose personal fortune equals 55 million pounds, said: “I can allow myself disposing of my whole life. I do not have to think about settlement of accounts, tidying up and other routine”.

Rob Mitchell, “Barclays Wealth Insights: A Question of Gender” editor, accentuated that a woman feels even happier, if she gained her fortune by her own work, not due to a marriage or inheritance.