Money Roundup: Renters vs. Owners Edition

by Michael on Apr 15, 2014 · 1 comment

In her book “The Myths of Happiness,” Sonja Lyubomirsky argues (among other things) that renters are happier than homeowners. Why? Because homeowners “derive more pain from ownership of their homes, and spend more time on housework and less time interacting with their friends and neighbors.”

Another interesting point: two-thirds of the benefits of a raise are gone within a year. Why? Because spending tends to increase in lockstep with your earnings. As such, your “needs” increase, and you might also start associating with those in a higher income bracket. Keeping up with the Joneses…

And now… Here are some articles that caught my eye this past week:

That’s it. I hope your week is off to a great start.

P.S. Taxes are due today. I hope yours are done. :-)


1 J. Money April 16, 2014 at 10:49 am

Thx for the shout my man :)

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