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Psychotherapy boosts happiness more than money: study
(U.S. News and World Report) UPDATED 2009-11-30
A course of psychotherapy equal to $1,300 may improve psychological well-being more than a significant pay raise, English researchers say. An analysis of thousands of people found that found that people would need a pay raise of more than $41,000 to achieve the same boost in well-being. Researchers say the reason is that monetary compensation is often overvalued in society, while many do not understand that stable mental health has a powerful effect on happiness.
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