TITLE

I'm Happy If You're Unhappy …

PUB. DATE
December 2005
SOURCE
Journal of Financial Planning;Dec2005, Vol. 18 Issue 12, p18
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article focuses on the psychological impact of money. According to the latest surveys, striving for money for money's sake actually makes a person less happy. Zeroing in on the "Dark Side of the American Dream" which appeared in "Psychological Science" contends that people who rate financial success as the most significant goal of their lives are generally unhappier than those who do not rate it as most important. But it was found that more money pays off at the end of life. A study published in the August 2005 issue of the "Journal of Palliative Medicine" found that wealthier people suffer less pain at the end of their life than poorer people, possibly because they receive better healthcare.
ACCESSION #
19232912

 

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