While it is easy to look at those who splash money around on flashy gear and beach houses and think life is good for them – researchers have actually found an association between materialism and decreased well-being.

This recent article on Huff Post’s The Third Metric: Redefining Success Beyond Power and Money explains why more things don’t make us happier.

“It’s no secret that gratitude makes us happier, while materialism can do the opposite. And now, a new study shows that lower levels of gratitude could be part of the reason for why materialistic people have decreased life satisfaction, and that gratitude could actually mediate the relationship between materialism and life satisfaction. Continue reading →