Maybe money does buy happiness, after all — but only if you can afford more of it than your pals.
That’s according to the findings of a recent working paper distributed by the National Bureau of Economic Research. The paper, titled “Keeping up with the Jansens: Causal Peer Effects on Household Spending, Beliefs and Happiness,” used a survey of Dutch households to determine whether believing you’re in better financial standing than your peers can impact your beliefs and behavior.
The…
Master your money.
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