In six studies conducted by the Society for Personality and Social Psychology researchers found an almost even split between people who tended to value their time or money and that choice was a fairly consistent trait both for daily interactions and major life events.

During the study, the researchers found an almost even split with slightly more than half of the participants stating they prioritised their time more than money. Older people also were more likely to say they valued their time compared to younger people.

Researchers said that if people want to focus more on their time and less on money in their lives, they could take some actions to help shift their perspective, such as working slightly fewer hours, paying someone to do disliked chores like cleaning the house, or volunteering with a charity.

The story is published in the Journal Social Psychological and Personality Science.

 

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