BenIreland published Money doesn't affect happiness - unless you lose it, says...

Happiness hinges on avoiding the loss of money rather than a pay rise, according to new research involving the University of Nottingham. A study, published on Wednesday, March 9, looked at levels of life satisfaction and income changes in more than 18,000 adults in England and Germany over a nine-year period. It revealed that income change is only important when individuals with specific personality characteristics experience a loss in income. The study, called Individual Difference in...