Monday, March 22, 2010

Happiness Is ... Making More Money Than The Next Guy

From Live Science:

One key to happiness might be whether you make more than your peers, regardless of whether that income is six figures or just a mediocre take-home, a new study finds.

This concept of "doing better than the Joneses" is well established among children: A toy gets ditched as soon as a shinier toy in the hands of another child is spotted. But some researchers have often thought that when it comes to adults and money, things works differently, in that the more money one has, regardless of how it stacks up, the more resources can be acquired to generate happiness.

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