Money Does Buy Happiness …. and a Stronger Marriage – Per RHI Study

You’ve no doubt heard the saying “money doesn’t buy happiness”. It’s very likely you heard it from your parents. Even more likely, the person who shared that message with you was probably poor or struggling financially in life. The problem with that message is it’s not true. Let’s look at the latest research data:

  • 82% of the wealthy are happy. 98% of the poor are unhappy
  • 87% of the wealthy are happy in their marriage. 53% of the poor are unhappy
  • 92% of the wealthy are happy because they are healthy. 22% of the poor are unhappy because of health issues
  • 95% of the wealthy are happy because their children are doing well in life. 24% of the poor are unhappy because their children are not doing well in life
  • 94% of the wealthy are happy because they like what they do for a living. 85% of the poor are unhappy because they do not like what they do for a living
  • 0% of the wealthy are unhappy due to finances vs. 98% for the poor

When you study these statistics you realize wealth affects so many aspects of your life. It creates unhappiness overall, unhappiness in your marriage, causes health issues and affects your children. Looking at the flip side of this, wealth creates an overall sense of happiness. 87% of the wealthy are happy in their marriages. Wealthy people are also clearly healthier and thus happier. Their children are doing well in life and that makes them happy.

So when someone says “money does not buy happiness”, they’re wrong. Your level of wealth determines your level of happiness. Wealth and poverty have a domino affect on all aspects of your life. If you improve your financial condition in life you increase happiness in all aspects of your life.

Let’s take a look at just one of those domino affects caused by poverty – poverty causes marital problems.  Various studies identify money problems as the leading cause of divorce in our country.  Researchers at Kansas State University surveyed 4,500 couples. They found fights about money are the biggest contributors to divorce. The Huffington Post even ran a piece on the correlation between poverty and divorce not too long ago. When it comes to marriage, money does buy marital bliss.

If you want to end your unhappiness in life you have to end your poverty. In my research I identified three strategies the wealthy used to accumulate their wealth:

  1. Live Below Your Means – In my research 94% of the wealthy stated they were wealthy because one of the Rich Habits they learned from their parents was the 80:20 Rule. They were taught to set aside 20% of their net pay which forces them to live off the remaining 80%.
  2. Expand Your Means – Jay Leno famously said that he always had two jobs in life. He spent the earnings from the first job and saved the earnings from the second job. Expanding your means can be accomplished by taking on a second job, starting a side business, creating something that has value to others, taking risk to start or grow your business or taking risk and investing your savings in some way. I have many wealthy clients who started out with one rental property and expanded to many rental properties during their lifetime.
  3. Do Both – Living below your means and expanding your means is what the wealthiest of the wealthy do.




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Thomas C. Corley About Thomas C. Corley

Tom Corley understands the difference between being rich and poor: at age nine, his family went from being multi-millionaires to broke in just one night, due to a catastrophic fire that destroyed his Dad's thriving business. For fourteen years they struggled with poverty. There were eleven in Tom's family, and they lived in constant fear of losing their home.

Driven by the desire to unlock the secrets to success and failure, Tom spent five years studying the daily activities of 233 rich people and 128 poor people. He discovered there was an immense difference between the habits of the rich and the poor. During his research he identified over 300 daily activities that separated the “haves” from the “have nots.” Tom decided to write a book to share what he learned. That book, Rich Habits: The Daily Success Habits of Wealthy Individuals (1st Edition), went on to become an Amazon Bestseller in the United States forty times over a three year period. To give you some perspective, in order to be a true Amazon Bestseller in the United States, where you actually receive a specific Bestseller designation from Amazon, you need to be in the top 100 of all books sold by Amazon in the United States in a given day. Rich Habits did that for nearly thirty straight days, rising as high as #7, eclipsing such Bestselling authors such as Stephen Covey, Robert Kiyosaki and J.K. Rowlings. Imagine that - an unknown, first-time, self-published author selling more books than J.K. Rowlings!

Tom now travels the world, sharing his Rich Habits and motivating audiences at industry conferences, corporate events, universities, multi-level marketing group events, and global sales organizations’ presentations and finance conferences. He has even spoken on the same stage with famous entrepreneurs and personal development experts, such as Sir Richard Branson, Robin Sharma, Dr. Daniel Amen, and many others.

Tom has shared his insights on various national and international network, cable, and Internet television programs such as CBS Evening News, NBC News, Yahoo Financially Fit,, India TV, Australia, and a host of others. He has been interviewed on many prestigious nationally syndicated radio shows, including the Dave Ramsey Show, Marketplace Money, and WABC.

Tom has been featured in numerous print magazines—such as Money magazine, Inc. Magazine, SUCCESS Magazine, Entrepreneur magazine, Fast Company magazine, More magazine, Epoca Magazine (Brazil’s largest weekly) and Kiplinger’s Personal Finance magazine—and various online publications, including USA Today, CNN, MSN Money,,, and the Huffington Post. Tom is a frequent contributor to Business Insider,, and a few other media outlets.

National publicity has garnered international media attention for Tom and his Rich Habits research spanning 23 countries. Broadcast media, online publications, and television throughout Asia, the South Pacific, Europe, the United Kingdom, and Central and South America have shared his powerful message.

In an effort to help parents, grandparents, teachers and adults become success mentors to the younger generation, Tom released his second book, Rich Kids: How to Raise Our Children to be Happy and Successful in Life in 2014. This book was the self-help category winner of the 2015 New York Book Festival and Runner-up in the prestigious 2015 Writer’s Digest Self-Published Book Awards Contest. In 2016 Tom released his third book, Change Your Habits, Change Your Life. This book provides the latest science on habit change as well as more of Tom's unique research on the specific habits that helped transform 177 ordinary individuals into self-made millionaires.

Besides being an author, Tom is also a CPA, CFP, and hold a master’s degree in taxation. As president of Cerefice and Company, CPAs, Tom heads one of the premier financial firms in New Jersey.
Phone Number: 732-382-3800 Ext. 103.
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