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- How to Succeed and Win at the Game of Life
- How The New Psychology Of Winning Will Help You
How to Win at Life
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As lead researcher Robert Ostling explained to MarketWatch , "life satisfaction" refers to how people feel about the quality of their lives overall, whereas "happiness" measures respondents' day-to-day feelings. Researchers studied 3, winners of lotteries from five to 22 years after winning. The researchers measured happiness, mental health, satisfaction with their personal finance and overall life satisfaction through several questionnaires posing questions such as: "'All things considered, how happy would you say you are?
The researchers hypothesized that lottery money would make the large prize winners happier and improve their mental health, but that was not the case. Winners do, however, "appear to enjoy sustained improvement in economic conditions that are robustly detectable for well over a decade after the windfall," the authors note. The long-term impact, they add, is one of the most substantial findings in the paper.
Winners, they found, also didn't typically blow through their cash. This finding has been backed up by others, including the National Endowment for Financial Education. In fact, NBER found that winners tend to exercise more self-control than you might expect.
As one of the researchers explained to Time Magazine : "We saw that people who won large sums of money were still wealthier 10 years after the fact, compared to people who won small sums of money. Winners, according to the research, tended to invest a portion of their wealth in financial assets and spread out their spending evenly, which runs counter to common lottery winner stereotypes. They will also eventually become their own habits. And if you limit your responses to distractions enough, pretty soon you will build a life that is made up of nothing but habits of distractions.
Since the people around you and your relationships benefit from solutions, and distractions generally isolate you from others, constantly pursuing distractions will likely make you into someone no one else wants to really hang around with—unless, that is, they pursue the same distractions that you do.
You know, two peas in a crack-pipe and all that. Separating solutions from distractions in your life is surprisingly difficult and complicated. We tell ourselves that we need our distractions. We tell ourselves that our distractions are just innocent fun. That we totally have them under control, and yeah, maybe I woke up under a bridge in my own vomit, but at least I remembered where I parked the car. But worst of all, sometimes we come to believe that our distraction is actually a solution. We think that spending 12 hours a day at the office will give us the loving family we want, that playing violin in the park for spare change is a career waiting to happen.
9 Killer Tips to Become a Winner in Life
As such, we all need to develop an ability to observe our own thoughts. Only then can you hear how utterly ridiculous they sound. But write it down. Then see what a jerk you are. You go sit on a couch and say a bunch of things to this person who sits there and pretends to care. Then that person says your thoughts back to you, just in a different way.
How to Succeed and Win at the Game of Life
Thanks, Doc. Complaining literally accomplishes nothing. Plane late? Taxi ride bumpy?
How The New Psychology Of Winning Will Help You
Favorite pizza restaurant ran out of pepperoncini? Complaining takes a problem and then prolongs it. People complain not because something sucks. Unfortunately, complaining is maybe the least useful way to connect with other human beings. I resisted the notion the way a cat resists a bath. Zen master yes, it was a woman was right all along. The human imagination is a powerful thing. But when applied to ourselves, the imagination can become another form of distraction.