Wednesday, April 06, 2005

When Money Does Buy Happiness

When Money Does Buy Happiness

. . . A survey of 478 Americans over nine years, before and after they became disabled, found that wealth generally allowed "substantially better well-being, and less sadness and loneliness," researchers reported Wednesday.

The advantage eased after a few years of disability.

"Happiness and well-being may not depend on a person's financial state in times of health, but when that health fails, as it will eventually for most of us, money matters," said lead researcher Peter Ubel, a professor of internal medicine and psychology at the University of Michigan. . .


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