Want to Get Rich? Be (Moderately) Happy
by Laura Rowley
Posted on Wednesday, February 6, 2008, 12:00AM
Some people believe that earning the most money will make them incredibly happy. What they probably don't know is that being incredibly happy may not earn them the most money.
A new study finds that when it comes to financial success, you're better off being a moderately happy person rather than someone who's chronically ecstatic.
Mild Is Beautiful
Researchers at the University of Virginia, the University of Illinois in Urbana-Champaign, and Michigan State analyzed several sets of data in a paper recently published in Perspectives on Psychological Science. Their conclusion: Mildly happy people -- those who rank themselves a 7 or 8 on a life-satisfaction scale of 1 to 10 -- achieve more than the blissful 10s.
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