Need A Happiness Boost? Spend Your Money To Buy Time, Not More Stuff
A recent study suggests that when people spend their extra cash to get help with time-consuming chores, they're likelier to feel better than if they use the money to buy more things.
by Allison Aubrey
Aug 28, 2017
3 minutes
Money can't buy happiness, right? Well, some researchers beg to differ. They say it depends on how you spend it.
A recent study published in the Proceedings of the National Academy of suggests that when people spend money on time-saving services such as a house cleaner, lawn care or grocery-delivery, it can make them feel a little happier. By comparison, money spent on material purchases – aka things – does not boost positive emotions the way we might expect.
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