India, July 17 -- A new international study of more than 200,000 people across 22 countries suggests that feeling left behind financially compared to others can affect almost every part of a person's life.
The study used data from the Global Flourishing Study, which surveyed participants ranged from 18-year-olds to people aged 65 and above. Researchers measured well-being in six areas - happiness and life satisfaction, mental and physical health, meaning and purpose, character and values, close relationships, and financial stability. Each area was scored on a scale of 0 to 10.
Published in the journal Social Science & Medicine, the study focused on a concept called relative deprivation, which refers to how much less a person earns compare...