Money Can Buy Happiness, According to Researchers
Researchers have conducted a few studies and found three ways money can make you happy.
According to Business Insider, here are three ways money can buy you happiness, according to science.
- Spending money to do things, like going on a vacation. Researchers at Cornell found that buying stuff only makes you happy in the short term, but paying for experiences can make you happier in the long term.
- Spending money to give yourself more free time. For example, a study at Stanford found that paying for a housekeeper did make people happier, but only if they could afford it. If it would make you stress out about money, it won’t work.
- Spending money to pick up a check. Researchers at the University of British Columbia found that even buying your friend a drink can put you in a better mood.
In general, spending money on others will make you happier than spending money on yourself.