Money and Happiness in the U.S. – Better Life Index

Better Life Index, just released by the Organization for Economic Co-operation and Development (OECD).
Americans’ household wealth is about $102,000 on average, significantly higher than those in many other developed countries. Income inequality is high, however, with the top 20 percent of the population earning nearly $82,000 a year while the bottom 20 percent get by

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Relationships are a Causal Factor for Happiness and Well-Being

Research shows us that one of the most important causal factors associated with happiness and well-being is your meaningful connections with other human beings.
And it may not be all psychological – it may be biological. Oxytocin has been described as the hormone of love. This tiny chemical, released from the hypothalamus region of the brain, gives

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Unemployment Correlated With Happiness – Steven Kaplan: Implications for Education and Personal Growth

What are the financial predictors of happiness? We could look at metrics related to debt, spending, hours worked, percent of income saved, travel industry sales…so many to pick from.
Steven Kaplan, a professor of entrepreneurship and finance at the University of Chicago Booth School of Business, believes unemployment rates are better than income inequality in predicting

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Happiness vs. Life Satisfaction – And How We Can Have Both

What makes us happy and satisfied?
It may be that happiness comes simply by spending as much time as possible with the people we like and love and doing the things we love.
Life satisfaction may be determined simply by how we evaluate our life in terms of how well we have met our goals, how we

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Our Federal Debt and the Pursuit of Wealth and Happiness

The national discussion on how to get our debt problem under control and reduce our spending raises many various arguments. A recent example offered that our pluralistic society is causing the givers to resent giving to the takers. Now, Arthur Brooks, president of the American Enterprise Institute, shares that only by allowing people to struggle to improve

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Happiness: Wealth Contributes to our Abstract Sense of Happiness

The five happiest countries in the world–Denmark, Finland, Norway, Sweden and the Netherlands–are all clustered in the same region, and all enjoy high levels of wealth and prosperity.
“The Scandinavian countries do really well,” says Jim Harter, a chief scientist at Gallup, which developed the poll. “One theory why is that they have their basic

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Family Vacation: Rich Experiences Don't Have to Cost a Lot of Money

Family Vacations provide togetherness. They offer happiness. They provide good memories.
A family vacation is an experience that can be had at a cost that covers a wide range. A family can spend a week at a state park for just a couple of hundred dollars. Or they can spend thousands of dollars to travel to a

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“Before I Die” – Preparing For, And Living, A Full Life

Prosperity is a destination, a lifestyle, a journey. It’s happiness, fulfillment and enrichment.
Defining prosperity is a personal exercise as each of us defines it in the context of our values, our aspirations, our goals. We also define it by our experiences. How we define it changes as we grow, as we learn, as we experience

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Your Psychological Wealth and the Effect on Your Happiness

Wealth is relative. Wealth is a state of mind. Wealth means having what we need and money gives us only part of what we need.
Happiness comes from social interactions and activities. Happiness doesn’t come from accumulating material goods.
Money doesn’t matter too much when it comes to enjoying life.

Actually, there can be some positive consequences to

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What Makes Us Happy

George Vaillant spent a lifetime tracking the lives of male Harvard students, in the most comprehensive longitudinal study of mental and physical health in a study called “the Grant Study” – a study that also tracks happiness. In an article in the magazine The Atlantic Joshua Wolf Shenk shares with us the case study and

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