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Income Inequality

Lifestyle
Money Buys Happiness: Here's How Much You Need To Find Joy, Study Says Money Buys Happiness: Here's How Much You Need To Find Joy, Study Says
Money Buys Happiness: Here's How Much You Need To Find Joy, Study Says People who think money can’t buy happiness are woefully mistaken, according to a new study. A University of Pennsylvania study recently published in the Proceedings of the National Academy of Sciences found that people who earn $85,000 or more per year are happier than those who earn less. And the more money you earn, the happier you are. This contradicts common knowledge and refutes an earlier study that found there is a cap on how much happiness money can buy. Once a person earns at least $75,000 per year additional money won’t buy additional happiness, according to a 2010 Princeton Uni…

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by Kristin Palpini
Business
Millionaires Shun Western/Central Massachusetts According to New Ranking Millionaires Shun Western/Central Massachusetts According to New Ranking
Millionaires Shun Western/Central Massachusetts According to New Ranking Showing a sharp divide between the financial influence of the Eastern and Western sides of Massachusetts, a ranking of communities with the most millionaires didn’t come within 50 miles of Western Massachusetts. Heck, the wealth didn’t even extend into Worcester County. A recent Boston Business Journal ranking of the top 25 Massachusetts municipalities with the most million-dollar earners didn’t include any communities from Western or Central Massachusetts. This matters because where there is wealth, there is influence and Western Massachusetts has a long history of paying the price of th…

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by Kristin Palpini