3 ms·
Also note that, as another reply mentioned, this has little to do with actual monetary values. If you didn’t get a raise, that sucks. If your friends got laid
by chrismeller 7y ago
Also note that, as another reply mentioned, this has little to do with actual monetary values.
If you didn’t get a raise, that sucks. If your friends got laid off... well, then keeping your salary is great. If no one got laid off but you were able to buy a new x and none of your friends were, regardless of income changes, you’re still going to feel better. It’s “keeping up with the Joneses”.
- hastes 7y agoThis is a really good point that I also think has something to do with "would you rather gain 50 dollars or avoid losing 50 dollars, most people would avoid the loss". If you are not "losing" anything in daily life, but also not gaining much, you may be inclined to feel better or a least more optimistic.