Learn more about moneyandinvestments with this collection
The importance of physical activity
The role of genetics in lifespan
How to maintain a healthy diet
A growing body of research shows we can reliably raise our well-being.
Reframing the way we think about money and making financial decisions can lead to long-term gains in life satisfaction.Β Just having money doesnβt necessarily mean greater happiness, but using it well can.
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Buying time by outsourcing unpleasant or disliked tasks can benefit our well-being.Β
Unfortunately, we're not great at valuing time over money. To change our spending habits, it helps to value time more than money. It could mean that we seek a job for its flexibility rather than the salary and prestige.
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Psychologically, the effect of buying stuff is less valuable. Experiences are often better investments, as they encourage meaningful memories and connections that have a lasting impact.
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A series of experiments found people are happier after spending money on others versus on themselves. It is not that spending money on yourself doesn't feel good - it just doesn't seem to last for long.
By giving money away, you not only make other people happy, but you also make yourself happier.
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"There's no money in poetry, but then there's no poetry in money, either." ~ Robert Graves
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