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Maybe money does buy happiness, after all—especially if you can afford more of it than your pals.
That’s according to the findings of a recent working paper distributed by the National Bureau of Economic Research. The paper used a survey of Dutch households to determine whether believing you’re in better financial standing than your peers can impact your beliefs and behavior.
The most striking finding? Believing you earn more than your peers—whom researchers defined as people of similar age, education, and marital and homeownership status—actually makes you happier.
That impact was evident regardless of actual income, researchers said. In other words, it didn’t matter how much money respondents actually made, only how it compared with others’ earnings. One of the lead authors of the study said, “When you realize your [relative] position is good, then you’re more happy, It’s not about the absolute number.”
Source: Hannah Erin Lang, “Yes, money can buy happiness — especially if you think you’re making more than other people,” Market Watch (2-29-24)
Does a pay raise bring happiness? Sometimes it will, but the level of happiness is often tied to how we compare our salaries to others.
According to a story in The Wall Street Journal, people’s happiness with their pay is strongly tied to how it compares with the pay of others around them, say researchers who study compensation. Sometimes, those comparisons rankle.
Executives are more likely to leave their companies if their pay is low compared with other top bosses, according to a 2017 study in the journal Human Resource Management. Comparisons matter closer to home, too. Living in an area where people tend to make more money than you is linked to being less happy.
A 30% raise made Ryan Powell less happy at work. Powell, a 38-year-old finance director for a manufacturer in western North Carolina, received that pay bump in 2022. He had been hoping for more based on the salary information he had heard from recruiters, peers in the industry, and his M.B.A. cohort.
The initial thrill of the raise lasted about three months, he said. “The further I got into it, the more I was realizing that I was anchored to the higher number.”
Source: Joe Pinsker, “The Unexpected Ways a Big Raise Affects Your Happiness,” The Wall Street Journal (1-13-24)
According to a survey, 37% of Americans think billionaires are terrible role models, and 49% said they have overall negative feelings towards them. And the heat is felt most prominently by the big-name tech billionaires like Mark Zuckerberg, Elon Musk, and Jeff Bezos.
But despite the negative feelings, people still admire and look up to some of these individual figures. And it’s not because of just their financial success; a 2021 study found that people who stand against a class of extremely wealthy people still tend to admire individual billionaires like Elon Musk and Bill Gates.
Margaret O’Mara, a professor of history at the University of Washington, says “The secret of Silicon Valley has been the storytelling.” She describes intense admiration of tech billionaires as kind of “a religion of entrepreneurship.” With the lack of presence of other role models and declining faith in other institutions like the government or churches or even science, people want to find a myth to believe in that will give them comfort.
When you have these really exciting stories of the startup company in your dorm room or garage that then becomes this trillion-dollar company, this exciting rags to riches story really fits into an American narrative that predates Silicon Valley. Those stories are exceptional, to be clear, but I think the fault is presuming that anyone can do this.
Another story within the tech billionaire narrative that appeals to masses is that of disruption. O’Mara said, “This is a nation founded on revolution, so being a rebel, not bowing to authority and being your own boss is kind of cool.”
Richard R. John, professor of business history and journalism at Columbia University calls the hype surrounding tech billionaires a cult of personality. He says:
A cult of personality is the deliberate glorification of a specific public figure. Throughout history, cult of personality hype of billionaire figures has usually been propagated through journalists and news media. But with the founding of social media, it grew massively through its unprecedented reach. It’s no longer regional, it’s now national and even international.
Source: Ece Yildirim, “49% of Americans dislike tech billionaires, but you probably still want to be like them—here’s why, say experts,” CNBC (12-26-23)
William Muir, a researcher at Purdue University, studies the productivity of chickens. He wants to know how to breed chickens that lay lots of eggs and create environments that foster greater productivity. To research how to make super chickens, he did an experiment.
Muir put chickens into two groups. One group contained normal, healthy chickens. He left them alone for six generations of a chicken’s life. Another, separate group included all the super chickens, those who are proven high producing egg layers. Muir also left them alone for six generations. He provided food, water, and a clean environment, but did nothing to influence the chickens egg laying.
At the end of the experiment, Muir discovered that the group of normal chickens were flourishing: they were laying more eggs per chicken than when the experiment started. In the group of super chickens, only three were left. They had pecked the others to death. The super chickens had laid more eggs through a strategy of suppressing other chickens’ productivity, by killing, or intimidating them, so they were unable to lay eggs.
Competition; Leadership; Success - Leadership can fall into the same trap. We believe that if we find the right super chickens we will have success. We look for superstars. In our culture, and in our churches, we often create super chickens, because we desperately want success. We think it can come through one superstar leader.
Source: MaryKate Morse, Lifelong Leadership, Nav Press, 2020, page 9
A research study examined data from millions of plane flights to determine possible indicators for incidents of air rage—when passengers become unruly or violent in some way. The study found that flights that have a first class or business class cabin and a separate economy class section are more likely to report incidents of air rage than flights with only one class of seats.
The study also showed that when flights board from the rear of the aircraft, rather than inviting first class passengers aboard first, there were fewer incidences of unruly behavior. When people walk past passengers in the first class or business class cabin and see them swilling champagne and eating caviar, they feel as if they have been treated unequally and unjustly.
The envy and jealousy make passengers more prone to feel justified losing control and acting rudely or violently.
Source: Ken Shigematsu, Now I Become Myself (Zondervan, 2023), p. 89
For five years in a row, Finland has ranked No. 1 as the happiest country in the world, according to the World Happiness Report. A Finnish philosopher and psychology researcher who studies the fundamentals of happiness, was asked: What exactly makes people in Finland so exceptionally satisfied with their lives? He answered, “To maintain a high quality of life, here are three things we never do”:
There’s a famous line by a Finnish poet: “Don’t compare or brag about your happiness.” Finns really take this to heart, especially when it comes to material things and overt displays of wealth. I once ran into one of the wealthiest man in Finland. He was pushing his toddler in a stroller towards the tram station. He could have bought himself an expensive car or hire a driver, but he opted for public transportation. That’s what success looks like in Finland: Just like everyone else.
According to a 2021 survey, 87% of Finns feel that nature is important to them because it provides them with peace of mind, energy, and relaxation. In Finland, employees are entitled to four weeks of summer holiday. Many of them use that time to hit the countryside and immerse themselves in nature. Spending time in nature increases vitality, well-being, and a gives a sense of personal growth.
Research shows that the higher the levels of trust within a country, the happier its citizens are. Finnish people tend to trust each other and value honesty. If you forget your laptop in a library or lost your phone on the train, you can be quite confident you’ll get it back. Kids also often take a public bus home from school and play outside without supervision.
This illustration could also be titled, “3 Things People in the Happiest Churches Do.” It is instructive that each of the three points matches with scriptural values for relationships between church members: 1. We don’t compare ourselves to our neighbors: (Matt. 7:1-5; 2 Cor. 10:12, Gal. 5:26; Gal. 6:4); 2. We don’t overlook the benefits of nature: (Psa. 1:2; Mark 6:31; Phil. 4:8; Heb. 4:9-10); 3. We don’t break the community circle of trust: (Acts 2:42, 1 Tim. 5:13; Heb. 10:24-25; Jam. 1:26; 1 Pet. 2:1, 2 Cor 12:20)
Source: Frank Martela, “I’m a psychology expert in Finland, the No. 1 happiest country in the world—here are 3 things we never do,” CNBC Make It (1-5-23)
On the afternoon of August 4, 1949, a lightning storm started a small fire near the top of the southeast ridge of Mann Gulch, Montana, a slope forested with Douglas fir and ponderosa pine. The fire was spotted the next day; by 2:30 p.m., a C-47 transport plane had flown out of Missoula, carrying 16 smoke jumpers. Fifteen men between 17 and 33-years-old parachuted to the head of the gulch at 4:10p.m. Their radio didn’t make it. Its chute failed to open, and it crashed. They were joined on the ground by a fireguard, who had spotted the fire. Otherwise, the smoke jumpers were isolated from the outside world.
The smoke jumpers were a new organization, barely nine years old in 1949. To them, the Mann Gulch fire, covering 60 acres at the time of the jump, appeared routine. It was what they called a “ten o’clock fire,” meaning that they would have it beaten by ten o’clock in the morning of the day after they jumped.
The rest of the story is long and complex, but only three men survived. Two of them managed to run for their lives and made it to the top of a nearby ridge. The young men at Mann Gulch had been trained to never, under any circumstances, drop their tools.
One of their tools was a Pulaski, a combination axe and pick that is very useful in fighting forest fires. It’s not useful to carry it up a 76 percent slope when a grassfire is racing toward you at 610 feet per minute. And yet, the reconstructed journeys of the victims of the fire show that several carried their Pulaskis a good way up the hill as they raced for their lives.
In short, more of the men may have lived if they had been trained to drop their tools—tools that worked in normal circumstances but became unnecessary baggage in a crisis.
In the race of life, we need to drop the sins that so easily entangles us (Heb. 12:1). Such as: the love of money (1 Tim. 6:10), resentment (Eph. 4:31), envy (1 Cor. 13:4), and pride (Prov. 29:23). We are to take hold of self-denial (Matt. 16:24), what is good (1 Thess. 5:21), our progress (Phil. 3:16), and wholesome teaching (2 Tim. 1:13).
Source: Adapted from Norman McLean, Young Men and Fire (University of Chicago Press, 2017)
We can overcome our shame, which connects to envy, as we experience and express God’s love.
Mara Reinstein writes in Parade Magazine:
We met Steve Martin years ago as a banjo-playing comic with an arrow through his head singing "King Tut." He's now a movie star and serious musician as well. In an interview, he recalled the movie "Father of the Bride" beating every other movie at the box office and thinking, "Oh, this month it's my turn."
The interviewer followed-up, "Does it hurt when it's not your turn?" Steve answered, "Not anymore … you have to remember that there's always going to be somebody better than you and there's room for everybody. I'm also a musician … I work with a lot of bands. I always say, 'Don't be jealous of other bands. You're just going to eat yourself up and waste time and it will get you nowhere. So be inclusive and say, ‘Great job.’ It takes a while to learn to not take it all so seriously."
The world may not call jealousy and envy "sins" but it recognizes they create issues. He's right, isn't he? It does take a while to learn to let others be praised.
Source: Mara Reinstein, “My Life in Movies” Parade Magazine (11-13-22), p. 10
By most measures, Selena Gomez and Taylor Swift are remarkable women. Intelligent and capable …. Both are the kind of mega pop stars who inspire convulsions of adulation and tears. They’re graced with a radiance that seems almost exclusive to celebrities, with skin so incandescent it needs no filter.
But they are not perfect. Nor do they pretend to be. A recent Apple TV+ documentary, Selena Gomez: My Mind & Me, offers an unsparing portrait of Gomez, now 30, and her experiences with bipolar disorder, lupus, anxiety, and psychosis. On her latest album, Midnights, Taylor Swift, now 32, sings about her depression working the graveyard shift, about ending up in crisis. In her song “Anti-Hero” she sings, “It’s me, hi, I’m the problem, it’s me ... Sometimes I feel like everybody is a sexy baby / And I’m a monster.”
This combination of external flawlessness and emotional vulnerability feels like a feature particular to contemporary female pop stardom. On one screen we see impeccable glam, expertly choreographed and costumed performances and startling displays of luxury. On the other screen, admissions of anxiety, PTSD, panic attacks, and sleeplessness.
For today’s teens, imagine that same relentless scrutiny—if not in quite the same proportions—and self-doubt. In the recent book Behind Their Screens: What Teens Are Facing, Emily Weinstein and Carrie James document what they call “Comparison Quicksand.” They quote girls saying things such as, “On social media everyone seems like they are far better and far ahead than me, which is stressful and makes me feel behind, unwanted and stupid.” And: “I scroll through my Instagram and see models with perfect bodies and I feel horrible about myself.” For teenagers who are susceptible to insecurity, Weinstein and James write, “going on social media can activate the ‘dark spiral.’”
In our society, social media and the news elevates celebrities to become role models that are impossible to emulate. Parents and mentors should realize this and help orient our young people to scriptural maturity. Each one of them is a unique creation with gifts and abilities which they can celebrate and humbly use to serve others.
Source: Pamela Paul, “Selena Gomez, Taylor Swift, and the Reality of Imperfection,” New York Times (11-27-22)
In a recent issue of Women's Health, actress Lauren Cohan (Maggie Greene on The Walking Dead) explains how she discovered a way to avoid the comparison trap. The article opens:
While scrolling through Instagram, Cohan unwittingly found herself competing as a contestant in The Comparison Game. You know the rules: Endlessly swipe through friends’ and followers’ successes, then measure your own professional wins and happiness against theirs. Now, if you’ve ever played, you probably know the harsh reality of this game—you can never win.
Lauren’s pause from social media was a key stop on her path to positive thinking. Then a close friend gave her a piece of advice that prompted even more emotional digging. “You’ll never be happy as long as you’re worrying about yourself.”
Lauren says, “It’s because I’m letting my ego spin out of control. I worry about job security, losing something, not getting something, I thought I was supposed to achieve. I just didn’t want that inner monologue anymore.”
Now, when Lauren’s feeling anxious, she chooses to redirect. “I see where I can be useful somewhere else.” She checks in with friends and volunteers at the Atlanta Music Project (an after-school program where kids get help with homework and take music lessons). She explains: “When I’m not focused on my output, I immediately feel so much relief. It’s a relief to remember that you’re a speck, and that there is a big picture, and to get over yourself.”
In other words, she has found that the solution to depression and anxiety just might not be more focus on self, but on others.
Source: Ben Watts, ‘Walking Dead’s’ Lauren Cohan Took A Social Media Break To Slay Her Real-Life Demons," Women's Health (September, 2021)
"There's an app for that"--yes, even if "that" means each one of the Seven Deadly Sins, the classic vices of Christian moral teaching.
Lust: Tinder
Gluttony: Yelp
Greed: LinkedIn
Sloth: Netflix
Wrath: Twitter
Envy: Facebook
Pride: Instagram
You can view the slide shared at the Mockingbird Festival here.
Source: Todd Brewer, “Seven Deadly Sins,” Facebook (Accessed 6/25/21)
You don't have to pack, deal with security lines, or face jet lag in order to show off your vacation pictures on social media. Just fake it! A Nebraska-based business is offering to bolster social media pages with expertly faked photos of the user on vacations they never took. The company, Fake a Vacation, offers packages starting at $19.99 for a service to superimpose the photos of a social media user in front of famous landmarks at popular vacation spots including Las Vegas, the Grand Canyon, Hawaii, and Walt Disney World.
The company’s ad reads “Make your friends envious of where you were and have them thinking of being where you are. Fake vacation is a perfect Meme for bragging to your friends.” The packages also include some facts about each destination to help the customer concoct the story of their fake vacation.
The company cited a study that suggests more than half of Millennials have lied about taking vacations for reasons ranging from last-minute cancellations, the high price of travel, and the desire for social media recognition.
Source: Ben Hooper, “Company Offers to 'Fake A Vacation' With Doctored Photos,” UPI Odd News (4-25-19); Angie Sharp, “Forget “Staycations” – You can now FAKE your next vacation!” WQAD8.com (4-24-19)
The Atlantic ran an article that calls attention to the fact that American homes are a lot bigger than they used to be. In 1973, when the Census Bureau started tracking home sizes, the median size of a newly built house was just over 1,500 square feet; that figure reached nearly 2,500 square feet in 2015.
This rise, combined with a drop in the average number of people per household, has translated to a whole lot more room for homeowners and their families. By one estimate, each newly built house had an average of 507 square feet per resident in 1973, and nearly twice that—971 square feet—four decades later.
But Americans aren’t getting any happier with their ever-bigger homes. Clement Bellet, at a European business school, wrote “Despite a major upscaling of single-family houses since 1980 house satisfaction has remained steady in American suburbs.”
It’s a classic, keeping-up-with-the-Joneses type report about how we Americans are building bigger homes than ever—and yet our happiness tends to be inversely proportionate to the square footage of our new real estate. As usual, the dynamics of comparison, judgment, and self-justification are at play.
Bellet continues:
To be clear, having more space does generally lead to people saying they’re more pleased with their home. The problem is that the satisfaction often doesn’t last if even bigger homes pop up nearby. If I bought a house to feel like I’m “the king of my neighborhood,” but a new king arises, it makes me feel very bad about my house. It is an unfulfilling cycle of one-upmanship.
Source: Brandon Bennett, “From The Atlantic: Are McMansions Making People Any Happier? Mockingbird (6-20-19); Joe Pinsker, “Are McMansions Making People Any Happier? The Atlantic (6-11-19)
Headlines rocketed through social media after billionaire Robert F. Smith made an unprecedented announcement during his commencement speech in front of the Morehouse College graduating class of 2019. "My family is going to create a grant to eliminate your student loans," Smith told the senior class. "You great Morehouse men are bound only by the limits of your own conviction and creativity."
The momentous announcement generated plenty of buzz for the historically black, all male college. Plenty of jokes and memes predictably followed. (“’Are you free this time next year?’ asked the Class of 2020.”)
However, an undercurrent of resentment has been stirred up among other African Americans who saved and sacrificed in order to pay for their children’s college education. Michelle Singletary, a personal finance columnist for The Washington Post, explains:
There’s a common complaint I hear from some parents who have sacrificed and saved for their children to attend college debt-free … Was my labor in vain? Those not on the receiving end of this amazing gift might have thought to themselves, even for just a second: “What about us? What do we get for doing the right thing and saving for our kids to go to college debt-free?”
Still, Singletary has encouraging words for those who did it the hard way.
Your saving and sacrificing doesn’t make you a … loser. It makes you responsible and fortunate. There’s so much reward in living within your means, including setting a good example for your children. Whether it’s a surprise gift from a billionaire or need-based aid given to some other’s person’s child, don’t resent what others get.
Potential Preaching Angles: God’s generosity should not be confused with our human instinct for fairness or equivalence, because God’s extravagant love and grace know no bounds. We miss the mark when we devalue God’s generosity by arguing about fairness.
Source: Allana Akhtar, “A billionaire's surprise vow to pay Morehouse graduates' loans is part of the newest trend in the student-debt crisis,” Business Insider (5-20-19); Michelle Singletary, “Robert Smith pledged to pay off Morehouse graduates’ student loans. Is this fair to families who saved?” Washington Post (5-23-19)
In 2018, Harvard Business School undertook a first-of-it's-kind study of over 4000 millionaires in the United States asking them about how much money it would take to make them happy. Each millionaire was asked to report how much they currently had. How happy they were on a scale of 1-10. And then how much money they thought they would need to get to a "10" on the happiness scale. Shockingly, 26%, the largest response was assigned to "10x more," the largest possible option given. 24% chose "5x more" followed by 23% at "2x mores." Only 13% of respondents said they "currently have enough to be happy."
Perhaps most surprising of all, this answer was consistent no matter how much money a person had. This means that someone with 100 million was just as likely as the person with 10 million to select they needed "10x" the amount of money they had to be truly happy. In an interview with The Atlantic, lead researcher Michael Norton suggested that the problem for so many millionaires is comparison. So the question of happiness is not so much "Do I have enough?" but "Do I have more than those around me?"
Norton concluded, "If a family amasses $50 million dollars but moves into a neighborhood where everyone has more money, they still won't be happy. All the way up the spectrum of wealth, basically everyone says [they’d need] two or three times as much to be perfectly happy."
Source: Grant Edward Donnelly, Tianyi Zheng, Emily Haisley, and Michael I. Norton. "The Amount and Source of Millionaires' Wealth (Moderately) Predicts Their Happiness." Personality and Social Psychology Bulletin 44, no. 5 (May 2018), pages 684–699. Joe Pinsker, "The Reason Many Ultrarich People Aren’t Satisfied With Their Wealth," The Atlantic (12-4-18)
Envy: According to Moya Sarner at The Guardian this deadly sin is more present in our everyday lives than ever before, thanks to social media. ... She writes that not only do we compare ourselves to friends and neighbors (as people have always done), but now, online, we measure up against people all over the globe, celebrities and strangers, friends of friends. One therapist, has coined this “comparisonitis,” an emotional sickness which can’t be intellectualized or curbed by willpower.
Furthermore, Sarner writes, “No age group or social class is immune from envy.” Ethan Kross, professor of psychology at the University of Michigan who writes, “envy is being taken to an extreme.” We are constantly bombarded by “Photoshopped lives”, he says, “and that exerts a toll on us the likes of which we have never experienced in the history of our species. And it is not particularly pleasant.” Sarner concludes: “While we are busy finding the perfect camera angle, our lives become a dazzling, flawless [but hard shell], empty inside but for the envy of others and ourselves.”
Source: C.J. Green, “Another Week Ends,” Mockingbird blog (10-12-18)
When we set our sights on God, we’re freed from greed and envy by practicing generosity and gratitude.
In his book Being Nixon: A Man Divided, author Evan Thomas recalls the occasion when then President Richard Nixon received word that former president Dwight Eisenhower had died. Eisenhower had asked Nixon to deliver his eulogy. Thomas writes:
Sitting by the fire on a cold early spring evening, Nixon began to muse to his speechwriter, Ray Price, about one particular quality that set Eisenhower apart. "Everybody loved Ike," Nixon said, not a little enviously. "But the reverse of that was that Ike loved everybody." Nixon went on: "He never hated his critics, not even the press. He'd just say, 'I'm a little puzzled by those fellows.'"
Price could picture Nixon's mind working, catching himself. Nixon knew that what he had said was not quite true. It was too much to believe that Ike never felt anger. The difference was that, after a blowup, the anger passed, while Nixon let it fester. At some level, Nixon might have wished to emulate Eisenhower. But he couldn't. Possibly, he did not want to; resentment, though toxic, was vital to Nixon.
Source: Evan Thomas, Being Nixon: A Man Divided (Random House, 2015), pp. 226-227
Through a Rotary Club sponsored program, Clayton Lush had built schools at villages in the Solomon Islands. He also hosted a Christmas carols show for the community, gave money to spina-bifida research. He also excelled as a rugby player. Lush, the father of two, also had a carpentry business and was the host of the Australian TV show Building Ideas. However, Lush's downfall would be sealed by the most common of the seven deadly sins: jealousy.
Lush, 41, was among 16 South Australians involved in a four-year, $40 million cannabis syndicate. Lush's lawyer told the court his client was working 12 hours a day, seven days a week, and became envious when he did costly renovation work on the home of Storm Alexander Strang, the ring leader of the operation.
"It became apparent to Mr. Lush that Mr. Strang was involved in activities which perhaps could be unlawful, but he did not know what they were as he was looking at the lifestyle, he was looking at the fact Mr. Strang never appeared to work (and) seemed to have an awful lot of money to spend on the kind of activity at his home."
Source: Ken McGregor and Sean Fewster,"Envy Lured Former TV Host and SANFL Player Clayton Lush Into Multimillion-Dollar Drug Syndicate," www.adelaidenow.com.au; (5-29-15)