Money does not always buy happiness, but are richer people less happy in their daily lives? It depends on how you analyze income
Do people who have more money feel happier during their daily activities? Some prior research has found no relationship between income and daily happiness when treating income as a continuous variable in OLS regressions, although results differ between studies. The present results suggest that whether income can be concluded as being associated with daily experiences of happiness may depend on how income is analyzed. Read here.