Money and happiness: How tight the bond?

[Money and happiness]

Money and happiness: How tight the bond?

Much depends on your means, your attitude and who you're hanging with.

NEW YORK (CNN/Money) – If you think financial success is important but you haven't quite achieved it – at least not relative to those you know - here's something you might not want to think about on your summer vacation: Your desire for more money and your conviction that your life would be so much better if you had it.

It's true that those with more money (as a group anyway) register higher levels of satisfaction with life than those with less, but not by nearly as much as you might think.

For example, if you make twice what you used to make, your level of satisfaction likely would be somewhat higher, but not twice as high.

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