Learn more about motivationandinspiration with this collection
Leonardo da Vinci's creative process
How to approach problem-solving like da Vinci
The importance of curiosity and observation
Buy Time
• Having money can help you save time by outsourcing chores, for example, such as house cleaning to a service provider, so you don’t have to dust and mop yourself.
• With money, you can also purchase time-saving goods.
For example, if you love reading and listening to music, you can buy yourself an e-reader and better headphones so that you get more from these activities.
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MORE IDEAS ON THIS
Buy Experiences
• Spend less on material things such as cars and electronics and use your cash to have experiences, like attending an open-air concert or having dinner out.
• Experiences create memories. Each time we enter a concert hall or baseball stadiu...
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Short Summary
The key message in this book: How to spend money for happiness:
1. Buy Experiences
2. Make it a Treat
3. Buy Time
4. Pay Now, Consume Later
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Pay Now,Consume Later
• The greatest pleasure we gain from a purchase lies in the anticipation of that purchase. Studies show that vacationers tend to be happier in the weeks before a trip than on the trip.
Credit cards?
• Simple: Don’t use them. You be able to enjoy the anticipat...
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Invest In Others
• Other people’s happiness is contagious: when we see the smile of someone to whom we’ve just given a gift, we too feel happy. This deepens our connection with that person.
• Donating your money to others is that it also makes you more motivated at work, as you know you’re ...
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Make It A Treat
• When something is abundantly or easily available to us, we appreciate it less.
• This means that even your favorite things, like a morning cup of hot coffee, can become less pleasurable if you indulge too frequently.
• By LIMITING YOUR ACCESS to the thing tha...
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How Can We Apply These Principles?
• First, be aware that these principles aren’t mutually exclusive: apply as many of them as possible for the maximum boost to your happiness.
For example, if you treat a friend to a delicious cappuccino, you’re both giving a gift and spending on an experience – a happiness double-whammy
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CURATED FROM
CURATED BY
"A good idea should be like a girl's skirt; long enough to cover the subject and short enough to create interest."
“Spending money on others provides a bigger happiness boost than spending money on yourself.”—Elizabeth Dunn
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Buy More Time
Research studies have shown that no matter a person's income, spending money on time saving purchases, such as paying to delegate household chores, have a greater life satisfaction.
You can support small businesses such as cleaning ladies to pu...
Prioritize one-time behaviors that reduce stress
Streamline your workflow so you can get simple things done without significant willpower.
For example, instead of having a container for pens and scissors in only one room of the house, have these in three different rooms to ensure better tidying.
Strategies like these s...
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