Time use and happiness of millionaires: Evidence from the Netherlands

How do the very wealthy spend their time, and how does time use relate to well-being? In two studies in the Netherlands, the affluent (N = 863; N = 690) and the general population (N = 1,232; N = 306) spent time in surprisingly similar ways such as by spending the same amount of time working. Yet the nature of their time use differed in critical ways that are related to life satisfaction. In Study 1, millionaires spent more time engaged in active leisure (e.g., exercising and volunteering) rather than passive leisure (e.g., watching television and relaxing). In Study 2, millionaires spent more... Mehr ...