Kushlev, Dunn, and Lucas ([[References#^8b821e|2015]]) found that higher income is linked to less daily sadness but doesn't necessarily increase daily happiness. Hudson, Lucas, Donnellan, and Kushlev ([[References#^927ec1|2016]])confirmed and expanded on these findings. While these studies don’t specifically address savings, it’s reasonable to assume that higher income leads to greater savings, which can help reduce daily sadness. Simply put, money can protect against sadness by addressing unexpected issues that can be mitigated or resolved with financial resources. Because unexpected issues are unpredictable, saving money is essential for using financial resources to protect against sadness. Given the limits of income generation, money is most effective in managing low-impact risks, regardless of their probability of occurrence.