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Happy Money
Book

Happy Money

The Science of Happier Spending

Wall Street Journal Books, 2014 más...


Editorial Rating

8

Qualities

  • Innovative
  • Applicable

Recommendation

Having money won’t make you happier – but spending it might. The right spending habits can produce measurable changes in your physical and emotional well-being. Elizabeth Dunn, an associate professor of psychology, and Michael Norton, an associate professor of marketing, distill their findings in this field into the five principles of “smart spending.” Among their tips: Don’t buy stuff; buy experiences. You’ll get more happiness out of a trip overseas or a visit to a museum because you’ll connect with other people and accumulate memories. This quick, breezy book balances anecdotes and corny jokes with a broad survey of current economic research. getAbstract recommends its tales and advice to those seeking insight into the psychology of spending – your own and your customers’.

Take-Aways

  • How you spend your money has a bigger influence on your happiness than how much money you have. Follow the five principles of “smart spending”:
  • “Buy experiences” because that can make you happier than buying material goods.
  • Experiences boost joy by connecting you to others and reinforcing your sense of identity.

About the Authors

Elizabeth Dunn teaches psychology at the University of British Columbia. Michael Norton is on the marketing faculty at the Harvard Business School.


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    C. G. 5 years ago
    Muy bueno, te dice que tener deudas largas como comprar una casa, supongo que un coche a largo plazo, tener tarjetas de crédito llenas, y deber mucho, puede hacerte la vida miserable, pero si en cambio gastas en experiencias, ayudas a los demás, gastas tu tiempo y dinero en otras personas, te sentirás mejor, casualmente las personas con más ingresos, son más felices y esto es lo que deberíamos hacer, gastar en experiencias y no en cosas que serán pasajeras, una casa da un techo y una deuda larga, una buena experiencia una felicidad enorme.

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