Smart Living People Who Value This Over Money Are So Much Happier, Says Study

21:30  15 may  2018
21:30  15 may  2018 Source:   yourtango.com

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It's better for our health and happiness to make the most of our time and enjoy ourselves, and those who value their time stay happier longer. A study published recently by the Society for Personality and Social Psychology says that money isn't a guarantee for happiness ; instead

It's not that people who have more money are happier and have more freedom to say they'd want more time. It's much more subtle than that. "What matters is the value people place on each resource," the authors write. "Beyond the amount of these resources people have, happiness is

People Who Value Free Time Over Money Are SO Much Happier© Provided by NewsCred People Who Value Free Time Over Money Are SO Much Happier Most of us have to work, but the importance we place on our jobs and overworking is on us. It's better for our health and happiness to make the most of our time and enjoy ourselves, and those who value their time stay happier longer.

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A study published recently by the Society for Personality and Social Psychology says that money isn't a guarantee for happiness; instead, appreciating your time can provide a greater sense of well-being and satisfaction in life.

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“It appears that people have a stable preference for valuing their time over making money , and prioritizing time is associated with greater happiness ,” said This guest article originally appeared on YourTango.com: People Who Value THIS Over Money Are SO Much Happier , Says Study .

Though money - or the lack thereof - is often cited as one of the most stress-inducing aspects of life, a new study has found that those who value time over money are generally happier compared to those who would rather amass more wealth.

For the study, participants were asked if they'd prefer having a more expensive apartment with a short commute, or a less expensive apartment with a long commute. They were also asked to choose between a graduate program that would lead to a job with long hours and a larger starting salary, or a graduate program where they would end up with a lower salary job with less hours.

In the six studies that had more than 4,600 participants, researchers found an almost even split between people who tended to value their time or money, and that choice was a fairly consistent trait for ordinary things that happened daily and with major life events.

"It appears that people have a stable preference for valuing their time over making money, and prioritizing time is associated with greater happiness," said lead researcher Ashley Whillans, a doctoral student in social psychology at the University of British Columbia.

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Money can indeed buy happiness , but that doesn’t mean money is everything. A recent study found that people who value time over money tend to be happier . They found that two-thirds of those subjects said they’d prefer more money over more time.

Material goods costing money also tend to bring less happiness than experiences, which tend to take more time than money . RELATED: 4 Habits the World's Happiest People Have in Common. In the current study , people who chose extra hours over extra cash were more likely to focus on the

As the participants got older, they were more likely to value their time over their bank account. Maybe that's because, when you get older, you start to realize that time is finite and you need to treasure every moment you have. If you work your life away, you may have a big bank account, but your life may be devoid of joy and fun.

"As people age, they often want to spend time in more meaningful ways than just making money," Whillans said. "Having more free time is likely more important for happiness than making money. Even giving up a few hours of a paycheck to volunteer at a food bank may have more bang for your buck in making you feel happier."

Time really goes by quickly and if you don't take as many moments as you can to be present and grateful, you will reach the end of your life weary from all the stresses that focusing on money and work brings.

This article was written by Christine Schoenwald from YourTango and was legally licensed through the NewsCred publisher network. Please direct all licensing questions to legal@newscred.com.

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