Friday, April 4, 2008

DID YOU KNOW?

In an article written by David Futrelle for Money, he said the following;

"Money won't buy happiness. Sure, in any given country at any given point in time, the rich tend to be a bit happier than the poor. But across the board increases in living standards don't seem to make people any happier. Disposable income for the average American has grown about 80% since 1972, but the percentage describing themselves as "very happy"(roughly a third) has barely budged over the years, according to the University of Chicago's National Opinion Research Center. Why is this? As Cornell University economist Robert Frank notes, we humans are highly adaptable animals., quickly adjusting our expectations to new realities. As living standards increase, most of us respond by raising our own standards. Things that once seemed luxuries now seem necessities. Call it the "once they've seen Paris" effect. As a result, we're working harder than ever to buy stuff that satisfies us less and less."

He offers the following suggestions for getting out of this vicious cycle:
" If you can't be with the stuff you love, love the stuff your with."
" Don't buy things, buy freedom."
" Spend Selectively"

I hope this was informative..stay tuned for more information on how to make and keep yourself happy!

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