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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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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.
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 ...
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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The debate about how material belongings can get in the way of our happiness dates back hundreds of years:
The story of positive psychology started just 20 years ago with Martin Seligman, head of the American Psychological Association. The idea he considered was: What if every person was encouraged to nurture his or her character strengths, rather than being scolded into fixing their s...
Adaptation is the enemy of happiness.
We buy things to make us happy. And they do, but only for a while. New things are exciting to us at first, but then we adapt to them.
published 3 ideas
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