… And Does Happiness Lead to Wealth?

Poverty may beget poverty. And happiness, happiness. According to the Los Angeles Times:

People who express more positive emotions as teenagers and greater life satisfaction as young adults tend to have higher incomes by the time they’re 29, according to a study published Monday by the Proceedings of the National Academy of Sciences.

The study asked teenagers about their life satisfaction, and later looked at their incomes at age 29. The happiest teenagers  were making an average of $8,000 more than the gloomiest by that time. According to the article, “Deeply unhappy teens’ future incomes were 30% lower than the average, while very happy teens earned 10% above average.”

 

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