Give money away - Deepstash
How To Live A Long Life

Learn more about moneyandinvestments with this collection

The importance of physical activity

The role of genetics in lifespan

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How To Live A Long Life

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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 happier.

239

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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 ...

228

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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...

201

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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.

304

697 reads

Increasing your well-being

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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"There's no money in poetry, but then there's no poetry in money, either." ~ Robert Graves

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Spending money on others increases happiness

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But those who changed from keeping...

Unhealthy gift-giving

Some people are obsessed with giving gifts, even if they can't afford it.

Science says we do this because giving to others genuinely makes people happier. Even if you’re struggling to meet your own basic needs, you’re more likely to derive happiness from ...

Money and Emotions

Many say that money cannot buy happiness. For me, money CAN buy happiness, just focus on the love and needs. Love are things/experiences that last for more than 6 months, and needs are things that are essential. Avoid buying things that are impulsive and say 'no' if you feel like spending your mo...

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