The Value of a Purposeful Life: Sense of Purpose Predicts Greater Income and Net Worth.

  title={The Value of a Purposeful Life: Sense of Purpose Predicts Greater Income and Net Worth.},
  author={P. Hill and Nicholas A. Turiano and D. Mroczek and Anthony L. Burrow},
  journal={Journal of research in personality},
  • P. Hill, Nicholas A. Turiano, +1 author Anthony L. Burrow
  • Published 2016
  • Psychology, Medicine
  • Journal of research in personality
  • Having a sense of purpose in life appears valuable across life domains, though it remains unclear whether purpose also provides financial value to individuals. The current study examined sense of purpose as a predictor of concurrent and longitudinal income and net worth levels, using two waves of the MIDUS sample of adults (N = 4660 across both assessments). Participants who reported a higher sense of purpose had higher levels of household income and net worth initially, and were more likely to… CONTINUE READING
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