Need A Happiness Boost? Spend Your Money To Buy Time, Not More Stuff
NPR: 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
Poor extroverts spend proportionately more on buying status
The Economist: EVEN when money is short, an occasional high-end experience is tempting. From luxury clothes to a round of golf, splurging not only makes people feel better, but may also enhance their status with
Low-Income Extraverts Spend More on Status Than Introverted Peers
Banking data indicate that the types of goods and services that low-income individuals buy may depend, in part, on personality.
One surprising way money can buy happiness, according to scientists
The Washington Post: If you were given $40 on the condition that you had to spend it on something that would make you really happy, what would you do with the money? Some people might
Systematic Research Investigates Effects of Money on Thinking, Behavior
Three experiments provide inconsistent evidence for the effect of money primes on various measures of self-sufficient thinking and behavior.
In Retirement, It’s Save Now or Pay (a Lot) Later
The Wall Street Journal: Given a choice between satisfying our immediate needs and desires or focusing on the future, the here and now typically wins out. That impulse doesn’t bode well for retirement savings. …