We found that the people who chose time were on average statistically happier and more satisfied with life than the people who chose money. But maybe this result simply shows that the people who chose money are more financially constrained and therefore less happy. So if we were to take two people who were otherwise the same, the one who chose time over money would be happier than the one who chose money over time. The people in our studies who chose time over money thought about the resources differently and had different intentions for how they would spend the time or money gained. If, when answering our opening question, you chose money, don’t worry.

Source: New York Times September 09, 2016 19:53 UTC