Published by:
Rotman Management Magazine
Length: 5 pages
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Abstract
While they appear to have little in common, time and money are frequently interchangeable. Researchers refer to the amount of time that people spend in an unpleasant mood - when feelings of tension, depression or irritation outweigh feelings of happiness - as the 'U-index'. For instance, people are rarely in an unpleasant mood while exercising, reading or praying; but unpleasant moods are common while working, commuting and doing housework. Sadly, over the past 50 years, the overall U-index has barely budged. The authors show that by re-allocating our time in three key areas - commuting, watching television and spending time with loved ones-we can impact our happiness in a more powerful way than money every can.
About
Abstract
While they appear to have little in common, time and money are frequently interchangeable. Researchers refer to the amount of time that people spend in an unpleasant mood - when feelings of tension, depression or irritation outweigh feelings of happiness - as the 'U-index'. For instance, people are rarely in an unpleasant mood while exercising, reading or praying; but unpleasant moods are common while working, commuting and doing housework. Sadly, over the past 50 years, the overall U-index has barely budged. The authors show that by re-allocating our time in three key areas - commuting, watching television and spending time with loved ones-we can impact our happiness in a more powerful way than money every can.