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If money doesn't make you happy then you probably aren't spending it right. Tips to spend better from Dunn, Gilbert, Wilson, 2011

Spend better

Three principles for spending your money to make you happier from the excellent titled paper "If money doesn’t make you happy then you probably aren’t spending it right."

  1. Buy experiences instead of things.
  2. Help others instead of yourself.
  3. Buy many small pleasures instead of a few big ones.

If I feel like I have money and I'm not feeling so happy, the tips from this paper come to mind, and I find myself reflecting on what I could be doing differently with my money.

More generally, I believe there is a correlation between money and happiness, but only up to a certain level, at which point most of our needs are met, and more money doesn't tend to make people that much happier.

Elizabeth W. Dunn, Daniel T. Gilbert, Timothy D. Wilson, If money doesn't make you happy, then you probably aren't spending it right, Journal of Consumer Psychology, Volume 21, Issue 2, 2011, Pages 115-125, ISSN 1057-7408, https://doi.org/10.1016/j.jcps.2011.02.002

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