RICHER DOESN’T MEAN HAPPIER
• A survey by Forbes magazine—itself owned by a billionaire—
revealed that 37 percent of the 400 richest Americans are unhappy.
• A British psychologist, Ronit Lami, has interviewed many affluent
people who develop a bunker mentality to protect themselves
from a world that “doesn’t understand.” She recently teamed up
with the Allenbridge Group, a wealth management service, to
give the firm’s clients advice on how to deal with the psychological
effects of being seriously well off.
• A 2001 study by American psychologists found that excessive
wealth, particularly for people unaccustomed to it, can actually
cause unhappiness.
• Camelot Group PLC, operator of the U.K. National Lottery,
released the first ever major survey on the lives of lottery winners
and found the following:
55 percent are happier after winning.
43 percent say winning had no effect on their happiness.
2 percent are less happy.
In other words, almost half of the people who won the lottery are no
happier than they were before!
Sort and Prioritize
Effective people plan
their time in tight time
segments. They think in
terms of 10- and 15-
minute blocks. They plan
every day in detail, in
advance. They make
every minute count. As a
result, they accomplish
vastly more than the
average person, and
they feel much better
about themselves.
—Focal Point by Brian Tracy
(American Management
Association, 2001)