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WSJ Your Money Briefing

Getting a Raise Means More Money, But Not Always More Happiness

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.81.6K Ratings

🗓️ 17 January 2024

⏱️ 7 minutes

🧾️ Download transcript

Summary

Getting a raise at work might be cause for celebration. But Wall Street Journal personal finance reporter Joe Pinsker joins host J.R. Whalen to discuss why those happy feelings might not last long. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Is your bank at home in three markets or 53?

0:05.0

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0:09.0

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Voted the UK's Best Trade Finance Bank for seven consecutive years by Euromoney UK Trade Finance

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Survey 2023.

0:30.3

Here's your money briefing for Wednesday, January 17th. I'm J.R. Whelan for the Wall Street Journal.

0:37.0

People often say having more money would make them happier and while getting a raise at work can brighten your day

0:47.0

that feeling of happiness is often short-lived.

0:50.0

We often dwell on one thing changing in our lives and how that would make

0:56.0

us happier, but even if you've got a big raise you might still have some of the same

1:00.3

annoyances at work or even if you switch jobs you may have the the same

1:05.0

conflicts with family members at home.

1:08.0

We'll talk to Wall Street Journal Personal Finance reporter Joe Pinsker,

1:11.0

after the break. This episode is brought to you by Shopify. Looking to start a side hustle or become your own boss. Do it with Shopify. Whether you're selling succulents or stilettoes,

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Shopify has the industry leading tools to help you create, control and grow your own business.

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1:45.5

co-de-e.K slash special offer all lower case.

1:48.4

That Shopify dot co-de-ek slash special offer. more money in your paycheck doesn't always translate to more happiness in your life.

2:02.0

Wall Street Journal Personal Finance reporter Joe Pinsker joins me.

2:06.0

So Joe, a lot of people have gotten raises in the past several years as they've changed jobs.

...

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