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
        }
}
  • 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
    34 Citations

    Tables and Topics from this paper

    Explore Further: Topics Discussed in This Paper

    Exploring the place of financial status in the good life: Income and meaning in life
    • 7
    Leading a meaningful life at older ages and its relationship with social engagement, prosperity, health, biology, and time use
    • 38
    • PDF
    Surviving and Thriving: Fundamental Social Motives Provide Purpose in Life
    • M. Scott, A. Cohen
    • Psychology, Medicine
    • Personality & social psychology bulletin
    • 2019
    • 2

    References

    SHOWING 1-10 OF 24 REFERENCES
    Purpose in Life as a Predictor of Mortality Across Adulthood
    • 212
    • PDF
    The Life Engagement Test: Assessing Purpose in Life
    • 272
    • Highly Influential
    • PDF
    Change You Can Believe In
    • 25
    • PDF
    Who Participates? Accounting for Longitudinal Retention in the MIDUS National Study of Health and Well-Being
    • 249
    • PDF
    On the relation between meaning in life and psychological well-being.
    • 699
    How healthy are we?: A national study of well-being at midlife.
    • 718
    • PDF