The latest reports are linking happiness with your taxation level. Are Taxes the Root of Unhappiness?, by Allysia Finley with the Wall Street Journal reports on a a study published in Science magazine showing that happiness levels may actually be linked to taxation.

The study found that New Yorkers are the unhappiest people in America and their neighbors in Connecticut come in a close second, followed by Michigan, Indiana, New Jersey, California, and Illinois. While at the same time, Louisiana, Hawaii, Florida, Tennessee, and Arizona came in as most happy.

The piece does say that they took into consideration the factor of weather, as California was not among the happiest. However, I think that one of the things that they didn’t consider is that all of the happiest places versus unhappiest do tend to fall towards the more laid back rather than the more driven areas of the country.

Needless to say, happiness is probably not an exact science, but it is something to consider.

The article gives a great deal of the detailed stats and findings, and it is certainly worth checking out if you are interested.

Cheers,

Miel

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1) Collaborate: Meet regularly to talk about money, set goals together, track and monitor them.

2) Understand and respect your partner. Take time to understand your partners values about money.

3) Watch the numbers. Get a budget, monitor your spending and track your net worth.

4) Max your retirement. Maximize contributions to your tax deferred retirement accounts.

5) Invest in stock. Stocks perform better than bonds or cash.

6) Avoid high interest debt. Credit cards and title loans are financial cancer.

7) Diversify. Don't put all your eggs in one basket.

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