“Financial Wellbeing”
Does money make you happy? Researchers explain how much you need
Some people get along well with little money, others can never get enough of it. Behavioral researcher Thomas Mathar explains how we find out how much we really need.
This interview comes from the star archive and first appeared in September 2023.
Mr. Mathar, you wrote a book about “Financial Wellbeing”, i.e. financial well -being. What is meant by the term?
In Germany, many deal with the topic of “financial freedom”. The aim is to generate sufficient capital and income in order not to have to work anymore. “Financial Wellbeing”, on the other hand, is more a way than a goal. In addition to financial stability, it is also about emotional and psychological well -being. It is about building a healthy relationship with money so that you earn, manage and spend money in a way that makes you happy.
Source: Stern
