A recent essay in the Wall Street Journal made the case that women are both happier overall but sadder in our daily lives than men as we juggle the competing priorities on our never-ending to-do lists from managing our jobs, to our kids' schedules, to keeping up with cooking and housework.  Betsey Stevenson, an Economist and Professor at the University of Michigan, has conducted groundbreaking research in this field. She joins us to talk about why women’s happiness has been on the decline since the 1970s – despite what feels like so many great strides for women’s equality since then. While we have her, we’re also going to do a mini-economic check-in now that we’re 4 months (can you believe it?!) into 2024. Takeaways: Women's happiness has been declining despite progress in women's equality. Women constantly make trade-offs and face challenges in balancing multiple responsibilities. Income is correlated with life satisfaction but not necessarily day-to-day happiness. Women should prioritize mental health and well-being to improve life satisfaction. Men also face their own crisis in a changing economy. The economy is experiencing unexpected trends, such as low unemployment and higher inflation. Chapters: 00:00:00 - Introduction and News Update 00:04:39 - Interview with Betsy Stevenson Begins 00:09:22 - Discussion on Women's Happiness and Economics 00:13:31 - Exploring Day-to-Day Happiness vs. Life Satisfaction 00:19:37 - Income, Well-being, and Gender Roles 00:27:32 - Economic Trends and the Role of Men and Women 00:34:48 - Current Economic Conditions and Future Outlook Follow Betsey Stevenson: https://twitter.com/betseystevenson Join the HerMoney community! For the latest episode drops and financial news-you-can-use, subscribe to our newsletter at Hermoney.com/subscribe! The HerMoney with Jean Chatzky podcast is sponsored by Edelman Financial Engines. The podcast team and its host are neither employees nor clients of EFE, however, the show does receive fixed compensation and is a paid endorser and therefore has an incentive to endorse EFE and its planners. To learn more about the sponsorship, please visit PlanEFE.com/HerMoney. Please contact advertising@airwavemedia.com if you would like to advertise on our podcast, and to learn more about Airwave, head to www.airwavemedia.com. Learn more about your ad choices. Visit megaphone.fm/adchoices