Learn more about moneyandinvestments with this collection
How to break bad habits
How habits are formed
The importance of consistency
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.
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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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Buying time can increase our sense of control and, ultimately, our feelings of well-being. For example: hiring someone to clean the house for us, ordering takeout instead of cooking, or paying extra for a direct flight.
But we are less likely to benefit from buying time wh...
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The debate about how material belongings can get in the way of our happiness dates back hundreds of years:
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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 ...
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• Having money can help you save time by outsourcing chores, for example, such as house cleaning to a service provider, so you don’t have to dust and mop yourself.
• With money, you can also purchase time-saving goods.
For example, if you love reading...
• First, be aware that these principles aren’t mutually exclusive: apply as many of them as possible for the maximum boost to your happiness.
For example, if you treat a friend to a delicious cappuccino, you’re both giving a gift and spending on an experience – a happiness double-whammy
...Buying time can increase our sense of control and, ultimately, our feelings of well-being. For example: hiring someone to clean the house for us, ordering takeout instead of cooking, or paying extra for a direct flight.
But we are less likely to benefit from buying time wh...
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