ARE Singaporeans happier when they have lots more money?
A study shows that people who have a university or postgraduate qualification and earn $5,000 or more a month are the happiest.
But they are also dissatisfied with their achievements and enjoy life the least, compared with those who are less well-off.
Indeed, it is the Singaporeans earning less than $2,000 a month who enjoy life the most, concluded the three academics behind the study.
Senior lecturer Tambyah Siok Kuan, associate professor Tan Soo Jiuan and professorial fellow Kau Ah Keng - all from the National University of Singapore Business School - presented their findings in a book, The Wellbeing Of Singaporeans, which came out recently.
The survey in 2006 polled more than 1,000 people, aged 20 to 69.
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