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The things we buy might make us happy in the moment, but that feeling fades away over time. This phenomenon is called the “hedonic treadmill."
We get used to things that we have, and when new, more attractive things catch our eye, we feel like we need to keep getting more ...
The debate about how material belongings can get in the way of our happiness dates back hundreds of years:
People who think of their time as a limited resource are more likely to derive joy from life’s simple pleasures (talking to a friend for example).
Also, if you’re spending money on a time-saving purchase, use those extra minutes to do something that lifts your mood...
Time famine is something experienced by people across all income levels.
People who feel time-constrained are more stressed, less likely to spend time helping others, and less active. This is also one of the main reasons people give to explain why they’re not exercising regularly or eating...
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There are five different types of financial personalities, each of them having their own set of values and outlook towards money: