WRAL SmartShopper

WRAL SmartShopper

Thursday thoughts: Can money buy you happiness?

Posted April 14, 2011 9:59 a.m. EDT
Updated April 14, 2011 6:07 p.m. EDT

 

Ever heard the saying, "Money can't buy you happiness"? Do you believe it? Well, research has shown that it actually CAN buy you happiness, if you spend it the right way. GetRichSlowly.org has recently published an interesting article about how your money may, in fact, buy you happiness. Click HERE to read the article.

The authors offer tips for spending wisely to increase happiness including:

Buy more experiences instead of more stuff

Spend more money on donations and gifts for others

Buy more frequent, less expensive pleasures vs. fewer big ticket expenditures

They also point out that money allows us to have more control over our lives, less stress about meeting basic needs and more time to share with loved ones.  So, all that couponing you are doing to save money and become more financially fit  isn't just about getting another deal on pasta or toothpaste, it's about improving your overall sense of well-being and making the world a better place! Who knew?!

If you are new to the GetRichSlowly.org website, I highly recommend the articles he writes and posts from other authors. J.D. has a common sense approach to saving, spending and money in general.

What do you think: Can money buy you happiness?