Time Can Make You Happier Than Money

It’s true for all ages and stages — even for recent college graduates, according to a new study

People who value time over money tend to be happier, according to multiple studies. And new research in the journal Science Advances shows that this is particularly true as a person leaves college, facing weighty career choices while perhaps saddled with debt. Graduates who value time over money are more likely to pursue things they enjoy, including hobbies, social relationships, internships, and careers that provide intrinsic satisfaction rather than merely seeking compensation, the study suggests.

Researchers asked 1,000 graduating students at the University of British Columbia to rate how satisfied they felt with their lives overall, and the extent to which they had experienced positive emotions (like joy and happiness) and negative emotions (like sadness and stress) over the past four weeks. A year later, the graduates were surveyed again.

In both surveys, about 62% of them said they value time more than money, and those people were happier. Comparing the time-money trade-off to other well-established happiness factors, the researchers found that valuing time over money brought double the magnitude of happiness related to materialism in general and happiness known to…