Are people with more discretionary income happier than those who live paycheck to paycheck? Maybe some, but not all. As it turns out, more is not always better or the prescription for a happy life. Ultimately, it seems that attainable dreams and hope are the true keys to long-term well-being and happiness, regardless of income level, because it's the belief in a better future that truly fuels contentment.
To explore the science of well-being, Harvesting Happiness Podcast Host Lisa Cypers Kamen speaks with Dr. Carol Graham,a senior scientist at Gallup, an author, and a senior fellow in the Economic Studies program at Brookings.
Carol analyzes income disparities between the affluent and impoverished, examining their happiness levels through the lens of what she terms 'the happy peasant and the miserable millionaire paradox.' She also presents statistics on the decline of mental well-being
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