Are you sure money can't buy you happiness? New research suggests that the relationship between money and happiness and is far more complex. Two leading economists claim that the happiness levels of teens clearly determined the likelihood of whether they would go on to earn higher incomes later in life.

The results are striking. Their analysis shows, for example, that a one-point increase in life satisfaction (on a scale of five) at the age of 22 is associated with almost $2,000 of higher earnings per annum by the age of 29.

Happy people enjoy higher incomes, possibly because happier individuals are more productive and are promoted faster.

(READ the story from the Guardian)