A review of psychosocial research on subjective well-being, paying close attention to more recent research. Following a brief historical overview of the development of this perspective, this article presents its methodology for the studying of personal well-being, and primary research domains found in scientific literature. These include: surveys and international studies on levels of subjective well-being of various populations; studies on objective correlates of well-being - such as socio-demographic variables, income, job, health and social relationships; studies on subjective correlates of well-being - mainly affective and cognitive personality characteristics. This review ends with remarks concerning limitations of psychosocial approaches upon studying personal well-being and with issues that research should consider. Some proposals for potential applications are also provided.