The Surprising Aftermath of a Big Raise

Up and down the income ladder, people say more money would make them happier. When they actually get it, that isn’t always the case. 

Some people who have gotten big raises recently say the money hasn’t changed their day-to-day life or hasn’t provided them as much joy as the things in their life that have nothing to do with money. Others were hoping for a bigger raise or felt conflicted about making more money.