One Trick That'll Help You Live a Wealthier and Happier Life: Framing
Getty Images The happiness we feel about our money, work, relationships and life in general isn’t derived by only what happens, but also how we perceive what happens. A famous saying often attributed (rightly or wrongly) to Roman emperor and Stoic philosopher Marcus Aurelius goes like this: “Everything we hear is an opinion, not a fact. Everything we see is a perspective, not the truth.” What he seems to be articulating is a cognitive bias named more than 1,500 years later as the “framing effect.” The framing effect is the psychological principle that our decisions are influenced b...
Source: kiplinger.com