Tag Archives: spending

How to Spend Money

I’ve been meaning to post this for quite some time.  The NY Times had an excellent article a while back about how to maximize happiness when spending money.  Since I’ve had quite a few discussions on happiness, and since we’re always talking about money and how it affects lives, I thought it was relevant.

Here’s the kicker:

On the bright side, the practices that consumers have adopted in response to the economic crisis ultimately could — as a raft of new research suggests — make them happier. New studies of consumption and happiness show, for instance, that people are happier when they spend money on experiences instead of material objects, when they relish what they plan to buy long before they buy it, and when they stop trying to outdo the Joneses.

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