30 Mar Happiness comes from doing, not buying
Money is an emotional issue, especially during economic hard times. Social scientists have always warned that once a person’s basic needs are met, money doesn’t buy happiness. But if you’re wondering, or maybe even arguing over, what to do with any precious discretionary income these days, a new study suggests how to get the biggest emotional bang for your buck.
Ryan Howell, an assistant professor of psychology at San Francisco State University, found that buying experiences — such as vacations, going to the theater or renting a sailboat — gave people more happiness than buying material things.
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