According to Dunn and Norton, recent research on happiness suggests that the most satisfying way of using money is to invest in others.
Wealth is a relative term.Uncertainties in life remain regardless of how much money and things we possess.Norton’s research also indicates that the assumption people make about more money leading to more happiness is simply wrong. “Wealthy individuals–whether worth $1 million or $10 million–are not happier as their wealth increases,” according to Norton. In fact, it’s possible that adding money to money may actually lead to experiencing less happiness.Money does decrease sadness but decreased sadness doesn't lead to happiness.
$ Studies show you’ll get more contentment from putting cash toward experiences (like vacations) than material things (like a new TV).
$ Spending on other people actually generates more happiness than splurging on yourself.
$ Likewise, budgeting time to build social connections is a smarter happiness “investment” than making and spending money, research suggests.
$ Lending out possessions can help you enjoy them more once you get them back [ yee books & money mostly don't come back...hahaha ]
$ It’s best not to focus on money too much. While making more of it might have benefits, but obsessing over it stops you from savoring many important aspects of your life.
Uncertainty is not a result of ignorance or the partiality of human knowledge, but is a characteristic of the world itself -- Taylor
-Multiple sources
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