June 24, 2008

How Rich People Spend Their Time

They don't lay about watching TV.

People who make less than $20,000 a year, for example, told Kahneman and his colleagues that they spend more than a third of their time in passive leisure -- watching television, for example. Those making more than $100,000 spent less than one-fifth of their time in this way -- putting their legs up and relaxing. Rich people spent much more time commuting and engaging in activities that were required as opposed to optional. The richest people spent nearly twice as much time as the poorest people in leisure activities that were active, structured and often stressful -- shopping, child care and exercise.

How Rich People Spend Their Time

Posted by Jill Fallon at June 24, 2008 9:59 AM | Permalink
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