ELI5: Explain Like I'm 5

Subjective well-being

Subjective well-being is a big name for a simple idea - how happy and satisfied we feel in our lives. Imagine you wake up every day with a smile on your face, you feel good about yourself and the things you do, and you look forward to each new day. That's what we call subjective well-being.

Now, subjective well-being is something that can be different for everyone. For example, you might be happy when you're playing with friends, but someone else might feel happiest when they're reading a book. There are different things that make us happy, but how we feel about those things is what matters most.

So, how do we measure subjective well-being? Well, there are a few ways, but the simplest is to ask people how happy they are. Let's say someone asks you to rate your happiness on a scale of 1-10. If you say 10, then that means you're really happy, and if you say 1, then you're not very happy at all.

But there's more to subjective well-being than just feeling happy. We also want to feel like we're doing something meaningful with our lives, that we have control over our own destiny, and that we have good relationships with other people. All of these things contribute to our overall subjective well-being.

Now, it's important to remember that subjective well-being is subjective - which means it's all about your own personal feelings and experiences. Someone else might have a different idea of what makes them happy or satisfied in life, and that's okay. The most important thing is that we all feel good about ourselves and our lives in our own unique way.