Spending money on others increases happiness - Deepstash

Spending money on others increases happiness

A new study involving 788 participants showed that those who donated money were happier than people who kept the money for themselves. Those people who opted for prosocial rather than personal spending were most happy when this decision was made for them.

But those who changed from keeping the money to donating it had the greatest happiness boost.

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Investing and saving is not the same thing.

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