Menu

Millionaires are happier than the average person, but it’s not because of how much leisure time they have — it’s because of how they spend it

rich peopleDaniel Pockett/Getty Images

 

Millionaires are happier than the typical person, but it’s not because they’re rich, according to Dawn Teh for Forge. It’s because they devote more of their leisure time to active activities, such as exercising, than passive activities, such as watching Netflix, she wrote, citing a new study published in the journal Social Psychological and Personality Science. How an individual dedicates their activities and thoughts can influence how much wealth they build, according to another researcher who studied more than 600 millionaires. Visit Business Insider’s homepage for more stories.

Millionaires are a happier bunch than most, but it’s not necessarily because they have more money.

It’s because they treat their leisure time differently than the average person, reported Dawn Teh for Forge, a Medium publication. Both millionaires and the average person allocate the same amount of their time for leisure (around 46% of their time), she wrote, citing a new study published in the journal Social Psychological and Personality Science.See the rest of the story at Business Insider

NOW WATCH: Traditional Japanese swords can take over 18 months to create — here’s what makes them so special

See Also:

Taylor Swift just turned 30, and she’s already worth at least $360 million. Here’s how the pop superstar makes and spends her ever-growing fortune.An unknown buyer just dropped $100 million on a Billionaires’ Row penthouse in NYC. Here are the other big-name buyers in the building, from Ken Griffin to a Brazilian heiress.A $150 million estate with an underground tunnel just shattered California’s real-estate record. Here are the 15 most expensive homes sold in the US over the past decade.

SEE ALSO: A woman who studied 600 millionaires found 5 major differences in how the superrich spend their time. Here’s what that looks like.

DON’T MISS: A woman who studied 600 millionaires discovered that most of the superrich have surprisingly affordable homes. Here’s what some of those look like.

Read more: feedproxy.google.com