Monday, July 24, 2017

Happiness Is

Money really does work?
In 28% of cases, the answer was yes. These folks spent an average of $147.95 per month to buy themselves extra time.

What they lost in currency, they made up for in happiness. Whillans and her colleagues found that the people who traded money for time were more satisfied with life than their counterparts who didn’t. They also were less likely to say they felt “time stress,” a condition that was linked with lower levels of life satisfaction.

Just in case their original question was too narrow, the researchers conducted a second survey that asked more than 1,800 Americans whether they spent money to buy themselves “more free time.”

This time, half of the survey-takers answered yes. These folks spent between $80 and $99 per month, on average, so that others would handle chores like cooking, shopping and “household maintenance.”
Having money is better than not having it. Being able to keep it is even better...

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