More Money, More Self-Esteem? (New 2023 Study)

illustration of a confident wealthy woman and limousine representing the idea that higher income is connected to higher self-esteem

Past research has shown that people who make more money tend to have higher self-esteem. But it’s not clear which comes first – does having more money lead to higher self-esteem? Or does higher self-esteem drive people to earn more? This study aimed to understand how changes in income and self-esteem are connected within individuals … Read more