Learn more about moneyandinvestments with this collection
The importance of physical activity
The role of genetics in lifespan
How to maintain a healthy diet
Increasing your well-being
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. Just having money doesn’t necessarily mean greater happiness, but using it well can.
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Give money away
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 h...
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Buy time
Buying time by outsourcing unpleasant or disliked tasks can benefit our well-being.
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 ...
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Two categories of happiness
- The level of positive emotions. This includes pride, joy, contentment, and curiosity we experience on a day-to-day basis. How happy you are on an immediate basis fluctuates by the day or even the hour.
- The overarching sense of contentment. How happy you are overall, gen...
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Spend money on experiences
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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CURATED FROM
CURATED BY
"There's no money in poetry, but then there's no poetry in money, either." ~ Robert Graves
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Subjective well-being = Genes + Circumstances + Habits
- Subjective well-being is preferred by social scientists instead of happiness because it's not so vague and subjective.
- Research shows there is a big genetic component in determining the baseline you always seem to return to after events sway your mood.
- ...
Considering How Much is Enough
You don't have to be wealthy to achieve financial well-being. Research shows that beyond a modest point, more money has a limited effect on happiness.
- Once our basic needs are met, we can quickly get used to increased wealth. Our financial status may...
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