Wednesday, February 24, 2010

Research Blog #7: Annotated Bibliography

Swift, Kent. Financial Success and the Good Life: What have we Learned from Empirical Studies in Psychology?. 75 Vol. , 2007. Print. Swift, a professor in the College of Business Sciences at Zayed University, has been teaching business at both the undergraduate and graduate levels and has also published articles on a variety of business topics. In this paper, he suggests that instead of counting your money that you should count your friends, and that will tell you how good your life is. He says that you should be thankful for what you have, and do something that makes you happy, because money isn’t everything.

Xiao, Jing Jian, Chuanyi Tang, and Soyeon Shim. Acting for Happiness: Financial Behavior and Life Satisfaction of College Students. 92 Vol. , 2009. Print. The authors of this article have brought up their own study on the relationship between financial behavior and life satisfaction. Using data that they have collected, they came up with the conclusion that financial behaviors broadly may influence not only financial satisfaction but also academic performance and satisfaction. They say that the magnitude of financial behaviors’ overall impact on student’s life satisfaction is equal to or close to the magnitude of the impact that academic satisfaction has on overall life satisfaction.

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