Earned Wealth Often Buys Happiness

Folks who earn their wealth tend to be happier and less stressed than trust fund babies, according to the latest PNC Wealth and Values survey.

Three quarters (76 percent) of earners agree "My financial success lets me feel less stress and worry" as opposed to 50 percent of heirs. And 51 percent of earners agree "As I have accumulated more money in my life I have become happier" vs. 33 percent of heirs.

As noted in the WSJ Wealth Report, heirs are probably better bets when it comes to setting up trusts for their own kids. Fully two-thirds of those with earned wealth felt that “every generation should be responsible for creating its own wealth.”