Happy Money

by administrator 1. July 2013 21:55

If you think money can’t buy happiness, you’re not spending it right! At least, that is the conclusion of researchers Elizabeth Dunn and Michael Norton, two rising stars in of the world of behavioral science.

In Happy Money, Dunn and Norton provide an engaging and often entertaining tour of the latest research that shows, from the standpoint of personal well-being, how we can get the biggest bang for our bucks.

They explain, “By focusing on how to spend the money you have rather than how to accumulate more of it, our perspective departs from the obsession with chasing increased wealth in the pursuit of happiness.”

Their own research, and that of several colleagues, revealed the following five key principles of happy money:

1. Buy Experiences – Mark Twain was right when he wrote, “Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did do.” Scientific studies demonstrate that purchasing experiences (such as trips, concerts, and special meals) provides longer lasting happiness than purchasing material goods (such as houses, clothes, and electronics).

2. Make it a Treat - When something wonderful is always available, we tend to take it for granted. For example, we tend to savor a latte less if we have one every day rather than reserve it for a weekend indulgence. The authors explain they are not advocating self-denial, but rather looking for ways to view whatever we purchase as a special treat.

3. Buy Time - By permitting ourselves to outsource our most dreaded tasks, our money can transform the way we spend our time and free us to pursue our passions. Before making any purchase, Dunn and Norton recommend asking ourselves how it will affect our use of time. They write, “When people focus on their time rather than their money, they act like scientists of happiness, choosing activities that promote their well-being.”

4. Buy Now, Consume Later – The French verb se réjouir refers to the experience of deriving pleasure in the present from anticipating the future. That is because we tend to “derive more joy from things coming to us in the future than from things already received.”

However, our social norms and ubiquitous use of credit cards have encouraged the opposite mindset--“consume now and pay later.” By reversing this trend in our personal lives, we will not only save money, but we also reap the many rewards of anticipation.

5. Invest in Others - New research demonstrates that spending money on others provides a bigger happiness boost than spending money on ourselves. And, surprisingly, Dunn and Norton found that this principle holds true in an extraordinary range of circumstances including both rich and impoverished countries. Their research demonstrated that Investing in others can make individuals feel both healthier and wealthier.

Tags:

Comments (25) -

Davis Sladky
Davis Sladky United States
2/3/2015 4:14:08 PM #

Yum, thanks for the suggestions! I'll have to try that lemon spaghetti. And you know, I am not sure I've ever had lemon curd? Huh. Guess I'll have to try it, too. And lemon pie... I love lemons. Rob, LOL  good lemon bars are good, and bad lemon bars can be really bad! livingmyrichlife, I think it would actually be really interesting with oranges. Let me know if you try it  now I'm curious!

Reply

agua bendita swimsuit
agua bendita swimsuit United States
8/6/2015 9:30:09 PM #

I have been absent for a while, but now I remember why I used to love this website. Thanks, I will try and check back more frequently. How frequently you update your website?

Reply

Lowell Terronez
Lowell Terronez United States
11/2/2015 12:32:29 PM #

Sweet blog! I found it while searching on Yahoo News. Do you have any suggestions on how to get listed in Yahoo News? I've been trying for a while but I never seem to get there! Many thanks|

Reply

Sanda Mestayer
Sanda Mestayer United States
11/12/2015 3:37:10 AM #

<p>Its not my first time to pay a quick visit this web site, i am browsing this website dailly and take pleasant facts from here every day.</p>

Reply

bastcilk doptb
bastcilk doptb United States
12/30/2015 9:31:05 AM #

excellent points altogether, you just gained a brand new reader. What would you suggest in regards to your post that you made a few days ago? Any positive?

Reply

bastcilkdoptb
bastcilkdoptb United States
2/7/2016 10:35:31 AM #

Very nice post. I just stumbled upon your weblog and wanted to say that I've really enjoyed browsing your blog posts. After all I will be subscribing to your rss feed and I hope you write again very soon!

Reply

bastcilkdoptb
bastcilkdoptb United States
2/25/2016 1:14:03 AM #

Usually I do not read article on blogs, but I wish to say that this write-up very forced me to try and do so! Your writing style has been surprised me. Thanks, quite nice article.

Reply

bastcilk doptb
bastcilk doptb United States
3/23/2016 5:06:58 AM #

Hey there just wanted to give you a brief heads up and let you know a few of the pictures aren't loading correctly. I'm not sure why but I think its a linking issue. I've tried it in two different web browsers and both show the same outcome.

Reply

bastcilk doptb
bastcilk doptb United States
5/3/2016 6:52:22 AM #

You made several nice points there. I did a search on the subject matter and found a good number of persons will have the same opinion with your blog.

Reply

bastcilkdoptb
bastcilkdoptb United States
5/15/2016 8:52:04 PM #

I view something truly interesting about your website so I bookmarked.

Reply

Kira Prazeres
Kira Prazeres United States
5/17/2016 7:44:56 PM #

I was extremely pleased to find this web site. I want to to thank you for your time just for this wonderful read!! I definitely liked every part of it and i also have you saved as a favorite to look at new stuff in your site.|

Reply

bastcilk doptb
bastcilk doptb United States
5/26/2016 2:26:28 PM #

I like this blog very much so much superb info .

Reply

bastcilk doptb
bastcilk doptb United States
6/17/2016 12:48:07 PM #

I'm extremely impressed together with your writing skills and also with the layout for your weblog. Is that this a paid topic or did you customize it yourself? Anyway keep up the nice quality writing, it is rare to see a nice blog like this one these days..

Reply

Beatriz Pumarejo
Beatriz Pumarejo United States
8/4/2016 9:32:53 AM #

Somos una división de Data System reparacion ordenadores Madrid, empresa fundada en España con el propósito de proveer a la sociedad de servicios especializados en reparación de portatiles, así como ofrecer piezas repuestos de calidad. Misión:Nuestra Misión esta basada en la satisfacción de nuestros clientes y distribuidores, ofreciendo productos y servicios de calidad. Visión:Lograr ser una de las empresas de reparación de portatiles reconocida a nivel nacional, apoyándonos en nuestra red de distribuidores. Desayuno y a la hora convenida traslado al aeropuerto de Atenas para salir en el vuelo de regreso a España.

Reply

bastcilk doptb
bastcilk doptb United States
8/17/2016 10:11:46 PM #

Can I just say what a aid to seek out somebody who really is aware of what theyre speaking about on the internet. You undoubtedly know the best way to bring a difficulty to light and make it important. More folks need to read this and perceive this facet of the story. I cant imagine youre no more standard because you definitely have the gift.

Reply

Kimberli Jarred
Kimberli Jarred United States
9/4/2016 11:34:02 AM #

No sé estos de fagor a donde quieren ir a parar con esta politica de quitar a gente preparada y buenos técnicos para contratar subcontratas más baratas que les van a joder el negocio, pero allá ellos yo y muchos de mis familiares y amigos lo tenemos claro, no me habia pasado algo parecido en mi vida, el que paga y encima es humillado y atropellado ¡¡Fagor, nunca más!!!

Reply

Norah Lamborne
Norah Lamborne United States
9/5/2016 4:43:50 PM #

Usually I do not learn article on blogs, but I would like to say that this write-up very forced me to try and do it! Your writing taste has been amazed me. Thank you, quite great article.

Reply

Servicio T&#233;cnico Bluesky Madrid
Servicio Técnico Bluesky Madrid United States
10/10/2016 5:46:05 PM #

También tenemos, en nuestras propias instalaciones, dos técnicos especializados en la reparación de redes y equipos informáticos.

Reply

eficiencia energetica electrodomesticos wikipedia
eficiencia energetica electrodomesticos wikipedia United States
10/11/2016 2:52:01 PM #

Nuestro Servicio Técnico de Reparaciones es rápido, limpio, eficaz, y siempre con la mayor de las garantías y al mejor precio.

Reply

Chana Mont
Chana Mont United States
10/17/2016 4:09:51 PM #

Siempre preocupado por la economía del club, pensé que el Madrid podría explotar el verbo facil de nuestro presidente vendiendo su baba. Por lo menos el amigo Ramón haría algo útil, aparte hacer disfrutar cada dia más a los aficionados del club más repugnante del mundo (el Milan). Podrían ser los dos nuevos dircoms, cuya generosa ficha todavía no se ve refrendada en el día a día del club, ni en la televisión oficial, ni en la web, donde Valdebebas sigue sin contar con un solo hilo de hierba. De comprender la grandeza del Real Madrid y la responsabilidad que comporta a echar mierda sobre nuestro propio pasado, presente y futuro.

Reply

corburterilio
corburterilio United States
11/2/2016 2:44:29 PM #

I do not even know how I ended up here, but I thought this post was good. I do not know who you are but definitely you are going to a famous blogger if you are not already ;) Cheers!

Reply

Reparaci&#243;n de calentadores madrid
Reparación de calentadores madrid United States
12/10/2016 6:19:19 PM #

Aeg, Amana, Ariston, Aspes, Balay, Bauknecht, Beko, Bluesky, Bosch, Bru, Candy, Corbero, Daewoo, Edesa, Electrolux, Fagor, Firstline, Haier, Hoover, Iberna, Ignis, Indesit, Lg, Liebherr, Linx, Miele, Neff, NewPol, Otsein, Philips, Rommer, Saivod, Samsung, Siemens, Smeg, Superser, Taurus, Teka, Thomson, Westinghouse, Whirlpool, Zanussi; y, somos Servicio Técnico Oficial de General Electric (según zona - consultar).

Reply

Kasie Breuning
Kasie Breuning United States
2/18/2017 12:46:17 AM #

Le hará un descuento del desplazamiento cuando se lleve a cabo la reparación.Si decide no hacer la reparación de su nevera ya que puede que no tenga solución la reparación, entonces el técnico le ofrecería otro electrodoméstico de igual mayor calidad con un significativo descuento, y en otro caso solo se cobraría el desplazamiento a su domicilio, quedando siempre pendiente que si nos vuelve a llamar se le descuenta dicho desplazamiento.

Reply

Refugio Voll
Refugio Voll United States
2/26/2017 8:40:48 AM #

"Great Blogpost! You post interesting articles here. Your blog deserves_ much more visitors."

Reply

corburt erilio
corburt erilio United States
3/12/2017 6:35:08 PM #

I think other site proprietors should take this website as an model, very clean and fantastic user genial style and design, as well as the content. You're an expert in this topic!

Reply

Add comment

biuquote
  • Comment
  • Preview
Loading