We live in America with two bits of contradictory received wisdom — that you’d be a lot better off if you made more money, and that money can’t buy you happiness. Now two scholars suggest another way of thinking about the relationship between cash and joy: To a large degree, how you spend is just as important as how much you spend. Michael Norton, an associate professor at Harvard Business School and coauthor – with Elizabeth Dunn – of Happy Money: The Science of Smarter Spending, answered questions from Mind Matters editor Gareth Cook.
Read the whole story: Scientific American
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