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Grandparents Wealth Brings Mixed Joy and Worries
A reader contrasts rich grandparents with their grandchildren, noting money buys fewer happiness gains and can complicate family life. A Princeton study suggests $75,000 annual income yields peak happiness, with higher earnings bringing little extra joy. Wealthy youths face entitlement, distrust, neglect, and pressure to live up to forebears, while opulent lifestyles can provoke resentment and identity issues. Grand Remarks of the Week invites letters and contact details.
MENTIONED IN THIS ARTICLE
Princeton University