Everywhere I turn I see carnage. Yes it is important to have a long-term view but at some point we're human. How are people doing and what coping strategies are working/not working.

As the stock market endures record plummets, job losses sky rocketing, housing prices free falling and the world entering into recession, spending money on others might be the furthest thing on your find. But if you can manage to do so, it might be the surest path to a much needed happiness boost. »more»

According to a newly published report, money can buy happiness but not in the way that you might think. Researchers at the University of British Columbia and Harvard Business School found that spending money on others makes people happier than if they spend it on themselves. »more»

If you read personal finance articles (or for that matter watch any daytime talk shows) at some point or another you will hear about the "Latte Factor." The Latte Factor is based on how much money can be saved over a lifetime by eliminating daily discretionary purchases--for example Starbucks Lattes or bottled water. The concept has been promoted by personal finance guru David Bach. »more»

There are a number of reasons that winning the lottery doesn't buy lasting happiness. First, studies have shown that people get more satisfaction earning their cash than winning it. Second, the boost in happiness from a lottery win has been shown to dissipate over time (this is the so-called "hedonic adaptation"). »more»

This is a continuation of our story on the unhappiness of lottery winners "Does Money Make You Happy? Not according to man who won $315m...". »more»