Would being richer make you happy? The This is Money podcast on how to work out how wealthy you are… and whether it matters
There’s an old saying that money doesn’t buy happiness, which is often swiftly countered with the suggestion that while this may be the case, having enough not to worry about it definitely helps.
There are no shortage of cautionary tales that tell us it is better to be happy than rich, but does it matter if some people have an awful lot more money than others?
And does it matter to both them and society how they got it – and whether it was earned by hard work?
Your browser does not support iframes.
An in-depth five-year study was launched this week that aims to look into inequality in Britain; and not just at earnings and wealth, but also inequality in education, opportunity, gender, race, geography, class and generation.
It arrived with a snapshot of Britain today and on this week’s podcast, Simon Lambert, Tanya Jefferies and Georgie Frost dive into the picture that paints and discuss whether we need to worry about inequality or not.
They also look at how to work out how wealthy you are – and why that matters even if you subscribe to the money doesn’t buy happiness mantra.
There’s not shortage of cautionary tales that tell us that money can’t buy happiness, such as the Wolf of Wall Street, where Leonardo DiCaprio played real-life former trader Jordan Belfort
This week’s podcast also reveals the perks that you can get if you are over-60, after Jeff Prestridge wrote about those he discovered that he can now pick up now he’s had a big birthday.
More seriously, the team flag the vital help that over-65s can get if they are struggling.
And finally, if you’ve ever thought you’d like to live in a certain part of town, on an exact street, or even ‘in that house there’, we look at the new service Knock for Sale that will send owners a card for you for £5 to tell them you are interested and maybe tempt them to sell.
How to listen to the This is Money podcast
We publish our podcast every Friday to the player on This is Money, above, and on Apple Podcasts (iTunes) and on the podcast platforms Audioboom and Acast, both of which allow you to listen on desktop, mobile, or download an app. We also now publish to Spotify.
To download the Apple Podcasts app if you do not already have it, go to the App store. Or go to either the Apple App store or the Google Play store on Android to download the Acast, AudioBoom or Spotify app.
Press play to listen to this week’s full episode on the player above, or listen (and please subscribe and review us if you like the podcast) at Apple Podcasts, Acast, Audioboom and Spotify or visit our This is Money Podcast page.