Learn more about moneyandinvestments with this collection
The importance of physical activity
The role of genetics in lifespan
How to maintain a healthy diet
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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MORE IDEAS ON THIS
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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663 reads
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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501 reads
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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CURATED FROM
IDEAS CURATED BY
"There's no money in poetry, but then there's no poetry in money, either." ~ Robert Graves
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Other curated ideas on this topic:
Spend Money on Experiences
Experiences trump material purchases (in general) for the 5 following reasons:
- Experiences improve over time while physical items can get old quickly.
- People revisit experiences more often
- Experiences are more unique and can simply be enjoyed.
- ...
Spend money on experiences
A fulfilling life doesn’t lie in our possessions, it’s found in the experiences we have and the people we share them with.
Spend money on a trip, a concert or any other experience that will bring you joy. Science says
✅ Enjoy more experiences
Research has shown that time and time again, money doesn’t really buy you happiness (even though most of us think it does).
What you should put your money toward — rather than buying more stuff — are experiences or charity.
Research has shown that w...
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