Friday, December 21, 2018

Satisfaction...

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We think we want to be happy. Yet many of us are working toward some other end, according to Daniel Kahneman, winner of the 2002 Nobel Prize in economics.
Kahneman contends that happiness and satisfaction are distinct.

Happiness is a momentary experience that arises spontaneously and is fleeting. Meanwhile, satisfaction is a long-term feeling, built over time and based on achieving goals. 
 Spending time with friends is highly effective. Yet those focused on long-term goals that yield satisfaction don’t necessarily prioritize socializing, as they’re busy with the bigger picture.
We’re not as interested in happiness as we may claim.  We're actually want to maximize our satisfactions.
 Life satisfaction is connected to social yardsticks–achieving goals, meeting expectations and accumulate wealth.   Money has a significant influence on life satisfaction, whereas happiness is affected by money only when funds are lacking. Poverty creates suffering, but above a certain level of income that satisfies our basic needs, wealth doesn’t increase happiness.  Just a thought.

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