2016/01/07 by Ashley V. Whillans, Aaron C. Weidman, Elizabeth W. Dunn · 1 citation
Psychology · #Psychological Well-being and Life Satisfaction #Psychological and Temporal Perspectives Research #Behavioral Health and Interventions
paper · doi:10.1177/1948550615623842
openalex publication_date 2016/01/07 · openalex created_date 2025/10/10 · openalex updated_date 2026/05/21
How do the trade-offs that we make about two of our most valuable resources—time and money—shape happiness? While past research has documented the immediate consequences of thinking about time and money, research has not yet examined whether people’s general orientations to prioritize time over money are associated with greater happiness. In the current research, we develop the Resource Orientation Measure (ROM) to assess people’s stable preferences to prioritize time over money. Next, using data from students, adults recruited from the community, and a representative sample of employed Americans, we show that the ROM is associated with greater well-being. These findings could not be explained by materialism, material striving, current feelings of time or material affluence, or demographic characteristics such as income or marital status. Across six studies ( N = 4,690), we provide the first empirical evidence that prioritizing time over money is a stable preference related to greater subjective well-being.