Wealth and happiness aren’t mutually exclusive, of course. In his final column for the Wall Street Journal (http://tinyurl.com/wsj-final), Jonathan Clements wrote that financial stability improves well-being in three ways: If you have money, you don’t have to worry about it. By living below your means, you get a degree of financial control — even if you aren’t rich. Avoiding debt gives you options. Money can give you the freedom to pursue your passions. What do you want out of life? What gives you a sense of purpose? These are the sorts of things you’ll want to pursue in retirement. Better
...more
