8 Ways To Buy More Happiness

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8 Ways To Buy More Happiness

Source: Smart Money | May 2, 2011

If money can buy health and leisure and banish worry and toil, why is the effect of money on happiness so weak in studies? Simple: Most people are bad at spending, according to a paper published this month in the Journal of Consumer Psychology. Happiness can be a squishy field of study, relying as it does on subjects to know when their inner sun is shining. Gather enough hazy clues, however, and together they tell a reliable story. A trio of researchers - Elizabeth Dunn of the University of British Columbia, Daniel Gilbert of Harvard and Timothy Wilson of the University of Virginia - has done just that in their study of studies. The evidence leads them to an eight-step prescription for shoppers seeking smiles. [Read this article]

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