WASHINGTON (Reuters) - Money can buy happiness, but only if you spend it on someone else, researchers reported on Thursday.
Spending as little as $5 a day on someone else could significantly boost happiness, the team at the University of British Columbia and Harvard Business School found.
Their experiments on more than 630 Americans showed they were measurably happier when they spent money on others -- even if they thought spending the money on themselves would make them happier.
"We wanted to test our theory that how people spend their money is at least as important as how much money they earn," said Elizabeth Dunn, a psychologist at the University of British Columbia.
They asked their 600 volunteers first to rate their general happiness, report their annual income and detail their monthly spending including bills, gifts for themselves, gifts for others and donations to charity.
"Regardless of how much income each person made, those who spent money on others reported greater happiness, while those who spent more on themselves did not," Dunn said in a statement.
Dunn's team also surveyed 16 employees at a company in Boston before and after they received an annual profit-sharing bonus of between $3,000 and $8,000.
"Employees who devoted more of their bonus to pro-social spending experienced greater happiness after receiving the bonus, and the manner in which they spent that bonus was a more important predictor of their happiness than the size of the bonus itself," they wrote in their report, published in the journal Science.
"Finally, participants who were randomly assigned to spend money on others experienced greater happiness than those assigned to spend money on themselves," they said.
They gave their volunteers $5 or $20 and half got clear instructions on how to spend it. Those who spent the money on someone or something else reported feeling happier about it.
"These findings suggest that very minor alterations in spending allocations -- as little as $5 -- may be enough to produce real gains in happiness on a given day," Dunn said.
This could also explain why people are no happier even though U.S. society is richer.
"Indeed, although real incomes have surged dramatically in recent decades, happiness levels have remained largely flat within developed countries across time," they wrote.
Source:http://www.reuters.com/article/domesticNews/idUSN2042446720080320?pageNumber=2&virtualBrandChannel=0
I often read people misquote the context and the spirit of the texts concerning "money" and some even make the abstinence of money an act of virtue and religious piety. This is the problem area, where they quote the Bible wrong, saying that "Money is the root of all evil." There is no evil in money, because it is just pieces of printed paper with a value on it, that is used to transact purchases of goods and services. Correctly it is "The love of money is the root of all evil."
On the other side, the Beatles sang a song titled: "Can't Buy Me Love", correctly describes that money can't buy happiness, or make a person loves the giver. But truthfully, without money, it is very difficult to be happy. You can give (money) without loving, but you cannot love without giving (money). So, giving is a form of expressing love from the giver to the recipient. Most of the gift is in the form of money, or something which we hold dearly.
Giving money to the people who are in need, brings happiness to them for a moment, but giving them something which can help them how to be productive and fruitful, helps them to learn how to fish. It is the joy of giving, like in Christmas, and it is more blessed to give than to receive.
It is the expression of love.
Joy
Quoting from [pinkgirl]:
Source:http://www.reuters.com/article/domesticNews/idUSN2042446720080320?pageNumber=2&virtualBrandChannel=0
Interesting post.
Thank you for finding it .
![[em3]](http://img.alibaba.com/images/eng/style/icon/emoticons_grin.gif){kind=icon}
![[em14]](http://img.alibaba.com/images/eng/style/icon/emoticons_embrace.gif){kind=icon}
pinkgirl wrote:all that you want , go to "http://www.vogmall.com/" Nike shoes,Adidas shoes ,Air Jordan shoes LV handbag
WASHINGTON (Reuters) - Money can buy happiness, but only if you spend it on someone else, researchers reported on Thursday.
Spending as little as $5 a day on someone else could significantly boost happiness, the team at the University of British Columbia and Harvard Business School found.
Their experiments on more than 630 Americans showed they were measurably happier when they spent money on others -- even if they thought spending the money on themselves would make them happier.
"We wanted to test our theory that how people spend their money is at least as important as how much money they earn," said Elizabeth Dunn, a psychologist at the University of British Columbia.
They asked their 600 volunteers first to rate their general happiness, report their annual income and detail their monthly spending including bills, gifts for themselves, gifts for others and donations to charity.
"Regardless of how much income each person made, those who spent money on others reported greater happiness, while those who spent more on themselves did not," Dunn said in a statement.
Dunn's team also surveyed 16 employees at a company in Boston before and after they received an annual profit-sharing bonus of between $3,000 and $8,000.
"Employees who devoted more of their bonus to pro-social spending experienced greater happiness after receiving the bonus, and the manner in which they spent that bonus was a more important predictor of their happiness than the size of the bonus itself," they wrote in their report, published in the journal Science.
"Finally, participants who were randomly assigned to spend money on others experienced greater happiness than those assigned to spend money on themselves," they said.
They gave their volunteers $5 or $20 and half got clear instructions on how to spend it. Those who spent the money on someone or something else reported feeling happier about it.
"These findings suggest that very minor alterations in spending allocations -- as little as $5 -- may be enough to produce real gains in happiness on a given day," Dunn said.
This could also explain why people are no happier even though U.S. society is richer.
"Indeed, although real incomes have surged dramatically in recent decades, happiness levels have remained largely flat within developed countries across time," they wrote.
Source:http://www.reuters.com/article/domesticNews/idUSN2042446720080320?pageNumber=2&virtualBrandChannel=0
pinkgirl wrote:al
WASHINGTON (Reuters) - Money can buy happiness, but only if you spend it on someone else, researchers reported on Thursday.
Spending as little as $5 a day on someone else could significantly boost happiness, the team at the University of British Columbia and Harvard Business School found.
Their experiments on more than 630 Americans showed they were measurably happier when they spent money on others -- even if they thought spending the money on themselves would make them happier.
"We wanted to test our theory that how people spend their money is at least as important as how much money they earn," said Elizabeth Dunn, a psychologist at the University of British Columbia.
They asked their 600 volunteers first to rate their general happiness, report their annual income and detail their monthly spending including bills, gifts for themselves, gifts for others and donations to charity.
"Regardless of how much income each person made, those who spent money on others reported greater happiness, while those who spent more on themselves did not," Dunn said in a statement.
Dunn's team also surveyed 16 employees at a company in Boston before and after they received an annual profit-sharing bonus of between $3,000 and $8,000.
"Employees who devoted more of their bonus to pro-social spending experienced greater happiness after receiving the bonus, and the manner in which they spent that bonus was a more important predictor of their happiness than the size of the bonus itself," they wrote in their report, published in the journal Science.
"Finally, participants who were randomly assigned to spend money on others experienced greater happiness than those assigned to spend money on themselves," they said.
They gave their volunteers $5 or $20 and half got clear instructions on how to spend it. Those who spent the money on someone or something else reported feeling happier about it.
"These findings suggest that very minor alterations in spending allocations -- as little as $5 -- may be enough to produce real gains in happiness on a given day," Dunn said.
This could also explain why people are no happier even though U.S. society is richer.
"Indeed, although real incomes have surged dramatically in recent decades, happiness levels have remained largely flat within developed countries across time," they wrote.
Source:http://www.reuters.com/article/domesticNews/idUSN2042446720080320?pageNumber=2&virtualBrandChannel=0
l that you want , go to "http://www.vogmall.com/" Nike shoes,Adidas shoes ,Air Jordan shoes LV handbag