Subjective well-being (SWB) has attracted a plethora of cross-disciplinary research in recent years. As measured in this research SWB includes a cognitive and an affective component. We hypothesize that eliciting the cognitive component by means of life-satisfaction judgments activates thoughts about positive and negative life circumstances that influence the affective component (current mood or memory of the frequency of past positive and negative affects). Experiment 1 demonstrates an expected asymmetrical carryover effect in that current mood correlates higher with life-satisfaction judgments performed before than after the measurements of current mood. In Experiment 2 it is found that inducing current mood by means of rewarding performance does not influence the life-satisfaction judgments. In contrast and consistent with Experiment 1 Experiment 3 shows such an influence when current mood is induced by thinking about positive and negative life circumstances.