The Value of a Purposeful Life: Sense of Purpose Predicts Greater Income and Net Worth.
@article{Hill2016TheVO, 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}, year={2016}, volume={65}, pages={ 38-42 } }
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
Paper Mentions
News Article
34 Citations
A purposeful lifestyle is a healthful lifestyle: Linking sense of purpose to self-rated health through multiple health behaviors
- Psychology, Medicine
- Journal of health psychology
- 2017
- 19
Antecedents of purpose in life: Evidence from a lagged exposure-wide analysis
- Medicine, Psychology
- Cogent psychology
- 2020
Examining the Relation between Purpose in Life and Self-Reported Health in Community and Inpatient Populations
- Medicine
- 2019
- PDF
Leading a meaningful life at older ages and its relationship with social engagement, prosperity, health, biology, and time use
- Medicine
- Proceedings of the National Academy of Sciences
- 2019
- 38
- PDF
Working toward a purpose: Examining the cross-sectional and longitudinal effects of work characteristics on sense of purpose.
- Psychology, Medicine
- Journal of personality
- 2020
- PDF
An outcome-wide analysis of bidirectional associations between changes in meaningfulness of life and health, emotional, behavioural, and social factors
- Psychology, Medicine
- Scientific Reports
- 2020
- 2
- PDF
Surviving and Thriving: Fundamental Social Motives Provide Purpose in Life
- Psychology, Medicine
- Personality & social psychology bulletin
- 2019
- 2
References
SHOWING 1-10 OF 24 REFERENCES
Positive affect, meaning in life, and future time perspective: an application of socioemotional selectivity theory.
- Psychology, Medicine
- Psychology and aging
- 2012
- 122
- PDF
Purpose in Life as a Predictor of Mortality Across Adulthood
- Psychology, Medicine
- Psychological science
- 2014
- 212
- PDF
Purpose in Life as a System that Creates and Sustains Health and Well-Being: An Integrative, Testable Theory
- Psychology
- 2009
- 379
- PDF
The Life Engagement Test: Assessing Purpose in Life
- Psychology, Medicine
- Journal of Behavioral Medicine
- 2005
- 272
- Highly Influential
- PDF
Who Participates? Accounting for Longitudinal Retention in the MIDUS National Study of Health and Well-Being
- Medicine
- Journal of aging and health
- 2010
- 249
- PDF
On the relation between meaning in life and psychological well-being.
- Psychology, Medicine
- British journal of psychology
- 1992
- 699