HOW VALUING TIME OVER MONEY IS LINKED TO HAPPINESS

A new study shows how the trade-offs we make on time and money shape our happiness. Dr. Holly Phillips joined "CBS This Morning" today to discuss the study's findings: http://cbsn.ws/1Rw1fSE
  1. There is value in experiences
  2. 50/50 split
    "Some valued time, some valued money."
  3. Age matters
    "Older people were much more likely to say they would choose time over money."
  4. Things may change with millennials
    "Millennials are more than ever demanding a greater work-life balance."
  5. Time spent on the job is also enjoyable time
    "People who value their time make choices around that."
  6. Big picture
    "The people who valued their time the most also reported the greatest amount of happiness."