It’s Not Your Salary That Counts – It’s How You Spend It
Consumption habits may play a stronger role than income itself in how people feel about their lives, a study suggests. More
Consumption habits may play a stronger role than income itself in how people feel about their lives, a study suggests. More
What is the best way to spend money to increase your happiness? A series of studies suggests that it may depend, in part, on how wealthy you are. More
The rising wealth of the top tier of earners seems to be inaugurating a new age of charitable giving. More than 150 billionaires from around the world have now signed Bill and Melinda Gates’ Giving Pledge, promising to donate at least half of their fortunes to charity. Others give money to More
The New York Times: Wealthy people are selfish jerks. So are their children. That is the implication, at least, of a batch of recent psychological studies. In a 2015 study, for example, preschoolers were told that they had earned enough tokens for “a really great prize.” They could keep the More
NPR: A new study finds that wealthier people spend less time socializing. NPR’s Linda Wertheimer talks with Emily Bianchi of Emory University about how income levels affect how people spend their time. … WERTHEIMER: So what is the answer? How does income affect how people spend their time? BIANCHI: Well More
The Washington Post: Way back in 1983, Cyndi Lauper knew that “money changes everything.” Social science is finally starting to catch up. The latest findings, from Emily Bianchi of Emory University and Kathleen Vohs of the University of Minnesota, illustrate how having more (or less) money can radically alter the fabric of More