Episode 50

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Published on:

1st Oct 2026

#50: Why Do We Keep Doing Things That Make Us Less Happy? The Surprising Findings of the World Happiness Report.

In a world where we are more connected than ever, why are so many young people reporting lower levels of happiness?

As The Prosperous and Happy Life celebrates its 50th episode and enters its fourth year, Mary explores one of the most important questions of our time: how is social media shaping our wellbeing?

Drawing on international survey data, academic research, and insights from leading experts, the 2026 edition of the World Happiness Report examines the complex relationship between technology, connection, and happiness.

In this special milestone episode, Mary sits down with Laurence Bond, analyst on our team, recent Finance graduate, and CFA candidate, to unpack the report's key findings and discuss what they reveal about attention, relationships, and wellbeing in the digital age.

In this conversation, you'll discover:

  • Why happiness among young people has declined in some countries
  • What the research really says about social media
  • Why belonging and relationships matter so much
  • The surprising concept of a "product trap"
  • What happened when users took a break from Facebook
  • Why participation doesn't always equal preference
  • How attention shapes wellbeing and decision-making
  • Practical lessons for living more intentionally

More than a discussion about social media, this episode is ultimately a conversation about attention, connection, and the choices that shape a prosperous and happy life.

You can read more about the World Happiness Report here.

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About the Podcast

The Prosperous and Happy Life
Money doesn’t guarantee happiness, but it sure can help. In this podcast, I bring you expert advice on how to achieve not only wealth …. But happiness too!
I shares tips and experiences from my quest to help my clients be prosperous and happy. Over more than 30 years I have worked with thousands of clients and countless experts, all looking to live a rich and fulfilling life. In my podcast interviews I share my stories and wisdom, along with advice from the many experts I have encountered along the way.

About your host

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Mary Hagerman

Mary Hagerman is an award winning portfolio manager and investment advisor with the Montreal office of Raymond James Ltd. Considered a female pioneer in building ETF-based discretionary portfolios for her clients, Mary is an expert columnist on ETFs for industry publications in French and English, and she is regularly quoted in the media. Mary combines her personal passion for karate with her professional experience in her book, The Black Belt Investor.

This podcast has been prepared by and expressed the opinions of Mary Hagerman, and are not necessarily the opinions of Raymond James Ltd. (RJL). Statistics, data and other information presented are from sources RJL believes to be reliable, but their accuracy cannot be guaranteed. This podcast is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Investors considering any investment should consult with their Investment Advisor to ensure that it is suitable for the investor’s circumstances and risk tolerance before making any investment decision. Past performance is no guarantee of future results. Information provided in this podcast is general in nature and should not be construed as providing legal, accounting and/or tax advice. Should viewers have any specific questions and/or issues in these areas, please consult your legal, tax and/or accounting advisor. RJL is a Member of the Canadian Investor Protection Fund.