Does wealth buy happiness? The consensus of academic research is that it helps, although other factors play a more important role. In particular, the key to happiness is the freedom to manage one’s life, alongside physical health. That is especially true for women, many of whom juggle family obligations, work requirements and personal needs.
A survey conducted by The Economist Intelligence Unit (EIU) on behalf of Merck Consumer Health, and presented in the recently released study Women’s health and well-being: evolving definitions and practices, brings out the dilemma at the nexus of wealth and happiness.