Happy President George Washington smiles on dollar bill

How to be happy without earning more

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Yang Yang

“The hedonic treadmill fires up because people misunderstand what will actually make them happy, research suggests. People gain more happiness when they satisfy their inherent rather than learned preferences—needs rather than wants,” writes the Chicago Booth Review. 

Read more about this research from Assistant Professor of Marketing Yang Yang and how to convert wealth into satisfaction in this story from the Chicago Booth Review