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This study investigated correlates of five time perspectives (TPs) and the Balanced Time Perspective (BTP) construct proposed by Zimbardo and colleagues. Two hundred and sixty Scottish participants completed the Zimbardo Time Perspective Inventory (ZTPI: Zimbardo and Boyd, 1999), Subjective Happiness Scale (Lyubomirsky and Lepper, 1999) and Mindful Attention Awareness Scale (Brown and Ryan, 2003). The most prevalent TP profile was moderate to high scores on all five TPs of the ZTPI. BTP participants were significantly happier and more mindful. Happiness and mindfulness were positively correlated but a future TP did not correlate with subjective happiness.
Drake et al. (Mon,) studied this question.