
- September30 2004
- Volume 11
- Issue 18
Cash and Contentment
Psychological Science in the Public
Interest
How satisfied are you with life—and can more money make itbetter? On a scale of 1 to 7, where thetop score equals complete satisfaction,the 400 richest Americans score 5.8.But if that makes it seem as thoughmoney does buy contentment, howcome the Inuit living in the frozenArctic and the Masai tribe of Kenya,who live in huts with no electricity orrunning water, rack up the same score?The connection between wealth andcontentment is not clear-cut, some psychologistssay. An analysis published inlooked at more than 150 studieson affluence and life satisfaction andconcluded that despite tremendous economicgains over the past few decades,overall life satisfaction hasn't risen atall. Social relationships and enjoyablework, researchers say, are often betterpredictors of a satisfactory life.
Articles in this issue
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Discover the Value of Staying Involvedalmost 18 years ago
Has Diversification Been Resurrected?almost 18 years ago
Retire the Jersey of Your Aging Stocksalmost 18 years ago
Climb the Ladder of Bond Investingalmost 18 years ago
Consider Your Options in Foreign Stocksalmost 18 years ago
Shrink Away from Your Big Mutual Fundsalmost 18 years ago
Click on the Best Online Stockbrokeralmost 18 years ago
Doc's Stocks Contest #12 Current Standingsalmost 18 years ago
Close-Up: Business Entitiesalmost 18 years ago
Grasp the Super IRA's Asset Protection


















































































