As a financial planner, I am particularly concerned about how personal finance play a part in determining the emotional well being of an individual. It is no surprise that there is a strong correlation between financial well being and emotional well being. I will highlight ...
...The Economist has recently published an interesting article highlighting the relationship between age and happiness in a 1st world country like US. This happiness index is popularly known as the U bend of life. Look at the graph below and see if you are able to find any interesting observations?
Source: The Economist, Dec 2010 edition
The 4 most common criteria people judge their level of happiness are namely, relationships, education, income and health. The findings of the study are as follows: Stress rises during the early 20s, worry peaks in middle age, sadness rises slightly in middle age, and falls thereafter.