If Money Doesn't Make You Happy, You Probably Aren't Spending It Right

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Matt Arnold
May 3, 2012

This research (PDF) shows those who get more happiness from their money...

(1) buy more experiences and fewer material goods; (2) use their money to benefit others rather than themselves; (3) buy many small pleasures rather than fewer large ones; (4) eschew extended warranties and other forms of overpriced insurance; (5) delay consumption; (6) consider how peripheral features of their purchases may affect their day-to-day lives; (7) beware of comparison shopping; and (8) pay close attention to the happiness of others.

Comments


atropis on May. 4, 2012 4:28 PM

This is cool. Looking forward to reading it properly after getting off the Road.


zifferent on May. 5, 2012 2:39 AM

I've had a couple days to chew over this.
And I agree completely with this list with the addendum that accumulation of bills definitely leads to unhappiness.

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