Money can’t buy happiness, right? Well, some researchers beg to differ. They say it depends on how you spend it.
A recent study published in the Proceedings of the National Academy of Sciencessuggests that when people spend money on time-saving services such as a house cleaner, lawn care or grocery delivery, it can make them feel a little happier. By comparison, money spent on material purchases — aka things — does not boost positive emotions the way we might expect.
“Contemplating paying somebody else to do something you’re perfectly capable of doing yourself may provoke feelings of guilt,” says Elizabeth Dunn, a professor of psychology at the University of British Columbia and an author of the study.
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