In affluent countries, where most can afford life's necessities, affluence still matters because people with more money

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People with more money perceive more control in their lives, which can lead to increased well-being and happiness. While having more money may afford people the ability to buy things that make them happy, research has shown that beyond a certain point (around $75,000 USD per year in the United States), more money does not necessarily lead to greater happiness. Likewise, while some people may experience higher self-esteem due to their wealth and status, this is not universally true for everyone. Finally, while hard work can be a source of pride and well-being, simply having more money does not necessarily equate to having worked harder or earned it.

In Affluent Countries, Where Most Can Afford Life's Necessities, Affluence