“Time and money serve as people’s two most precious resources,” write the University of Pennsylvania’s Cassie Mogilner and Harvard Business School’s Michael Norton in an August research review. “Both are scarce (sometimes painfully so), and both can be saved, budgeted, wasted, or spent in the pursuit of life’s necessities and joys.”

In a study published in January, researchers found that people who valued time more than money–who indicated that they would sacrifice money to save time, and that they’d prefer to work fewer hours and earn less–tended to have higher well-being: greater life satisfaction, higher positive emotion, and lower negative emotion.

  body and soul, health, healthy living