If you’re a happy teenager, will you wind up a wealthier adult? Seems so.
A new study out of London finds that the happier, and more satisfied you are in your teens and early 20′s, the more money you’ll make years down the road.
Researchers used data from more than 10,000 Americans tracking their emotional well-being at ages 16 and 18, and their life satisfaction at age 22. Positive emotions and happiness were correlated significantly with income at about age 29.
On the flip side, a very unhappy adolescence was associated with a later income of about 30% less than average.
According to the study, happiness was associated with several factors that could influence future income, including increased likelihood of getting a college degree and then getting hired, heightened optimism, and being extraverted and less neurotic.
Bottom line, wealth can influence happiness, and it appears happiness can also influence wealth.