Money can buy you happiness - if you spend it on others: study

CBC  News: Money can buy you happiness - if you spend it on others: study

People are happier when they spend money on others than when they spend it on themselves, a new study by researchers in Canada and the United States suggests.

"Our results suggest that how people spend their money is at least as important for happiness as how much they earn," co-author Lara Aknin, a master's student at the University of British Columbia told CBCNews.ca via e-mail. "Therefore, small alterations in your spending choices — even small amounts — can have a significant impact on your happiness level."  ...

Comments

[kerryn]

Gidday again Michael
thanks for your great blog.
i do enjoy dropping by and catching up on what you have been covering.
God bless,
kerryn

[Michael W. Kruse]

Thanks for the affirmation Kerryn! And gidday back at ya.

[Peggy]

Howdy, Michael...this post reminds me of something I just learned about last night -- and I immediately wondered whether you had heard of it: http://www.timebanks.org/

I just finished blogging about it myself.

Very interesting....

[Michael W. Kruse]

Very cool. We had friends who were big into this kind of network when we lived in Philly years ago. I hadn't heard about this network. Thanks for the heads up!