How rich you feel has little to do with your wealth

Elizabeth Dunn and Jiaying Zhao, two UBC psychologists, were quoted in a Business Insider article about the connection between wealth and how people perceive wealth.

Dunn who heads the Social Cognition and Emotion Lab, said “the extent to which we’re frequently reminded of our wealth really matters.”

Zhao found that when people feel like they have less, they may also feel like they have less to lose.