According to new research from SunLife, the happiest people in the UK spend more of their income on insurance, savings and charity donations. The research, part of SunLife’s Cash Happy study, found that those people who donate to charity, deposit money into their savings and ensure they have financial security by being properly insured are happier than those that don’t do so, regardless of how much money they have.

Happier households apparently spend 20% more on insurance products than the unhappier households!