Originally posted on July 21, 2015.
From the daily information stream that flows across my desk or up my computer screen, here is a recent news flash:
Money matters more to midlife folks than to those younger and older. There’s a modest correlation between income and life satisfaction, note Felix Cheung and Richard Lucas. Their analyses of three national data pools found that correlation to be strongest for people in their 30s to 50s. It makes sense, they reflect: midlife adults have more financial responsibility for their children and sometimes their aging parents. College students and older adults more often enjoy financial support apart from income.