How money can affect our self-worth and happiness.
Increasing your earnings heightens one’s sense of self-esteem and your happiness, but there is a limit.? A recent study looked at this with the intent of answering the question of whether increased earnings increase self-esteem, or if people with high self-esteem are somehow able to earn more money.
Money is a symbol of status in Western cultures, so it makes sense that an increase in salary might lead one to feel greater self-worth. Alternatively, people with higher self-esteem might, by virtue of their high levels of A longitudinal, four-year study looked at adults in the Netherlands, assessing their self-esteem each year as well as their self-reported income. Analysis of the data suggested that when people earn more money, it increases their self-esteem, presumably because it is associated with a sense of accomplishment, or improved social status.
Bleidorn, W., Kretzschmar, A., Rauthmann, J. F., Orth, U., Denissen, J. J., & Hopwood, C. J. . Self-Esteem and Income Over Time.As the lines between real and fake blur, Americans increasingly chase the idea of authenticity. The first step may be to consider self-knowledge, truthfulness, and other building blocks on the road to personal growth.
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