How Can We Apply These Principles? - Deepstash
The Mind of Leonardo da Vinci

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The Mind of Leonardo da Vinci

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How Can We Apply These Principles?

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

• Second, take a look at your expenses and see if you can reallocate some of your spending to happiness-increasing items.

• Third, start saving and investing money.

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MORE IDEAS ON THIS

Buy Experiences

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

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

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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886 reads

Invest In Others

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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773 reads

Buy Time

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...

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873 reads

Make It A Treat

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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CURATED FROM

CURATED BY

prince_rahul

"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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