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Older People Value Time Over Money and Are Happier, According to Data
As we age, we tend to prioritize meaningful experiences over novelty. Older people value time more than money and are happier as a result. Financial security also plays a role in this preference. Younger individuals with school debt and career aspirations are more likely to prioritize productivity. Research shows that we often underestimate the value of our future time, making it difficult to plan our schedules. Despite inflation, the value of $500 remains relatively constant over time.