Kahneman and money wellbeing

Daniel Kahneman's research shows that beyond meeting basic needs, more money produces diminishing wellbeing gains, and that how you spend it matters more than how much you have—time with people, experiences, and freedom from financial anxiety drive contentment far more than possessions. His work dismantles the assumption that rational economic behavior produces happiness, revealing instead that we're systematically poor judges of what will actually make us feel better.