Allison Aubrey, NPR News correspondent and author of the report, Need A Happiness Boost? Spend Your Money To Buy Time, Not More Stuff, writes:
“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 Sciences suggests 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.
Think of it as a way to buy back what has become for many Americans a scarce resource: free time.”
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