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Happy Money

money & investing

money & investing

165 books
self-improvement

self-improvement

909 books
science & nature

science & nature

1064 books
psychology

psychology

705 books
Takeaways
Description
Elizabeth Dunn and Michael Norton, professors in the field of behavioral science, researched the popular belief that spending money on oneself can bring happiness. They explain that most people's intuitions are wrong and show how to make better decisions by following five core principles: (1) choose experiences over stuff, (2) buy time, (3) think about yourself less often, (4) spend money on others, and (5) be a social shopper. Companies like Google, Pepsi, and Charmin have put these principles into action by using scientific research to increase worker productivity and customer satisfaction.
Money Can Buy Happiness

Elizabeth Dunn explores the concept that money can indeed buy happiness, but only if you spend it in the right way. She suggests that spending money on experiences rather than material possessions can lead to greater happiness.

The Joy of Giving

In Happy Money, Dunn digs into the idea that giving money away can actually make you happier than spending it on yourself. She encourages readers to explore the joy of generosity and its positive impact on our well-being.

Time Over Money

Dunn emphasizes the importance of valuing time over money. She suggests that spending money to save time can lead to increased happiness. So, next time you're thinking about buying something, consider if it will save you time and increase your happiness.

Delayed Gratification

Happy Money explores the concept of delayed gratification. Dunn finds that waiting for something you've bought can actually increase your enjoyment of it. It's all about the anticipation!

Invest in Others

Elizabeth Dunn's research in Happy Money shows that investing in others can lead to personal happiness. Whether it's buying a gift for a friend or donating to a charity, the act of giving not only benefits the recipient but also boosts your own happiness.

Quotes 5

Happy Money is a game changer, a groundbreaking exploration of the elusive connection between wealth and well-being.

Dan ArielyDan Ariely - Behavioral Economics

Happy Money isn't just a delightful and insightful read. It's also a wise and practical guide to increasing the happiness you get from the money you earn, save, and spend.

Daniel GilbertDaniel Gilbert - Social Psychology

If you think money can't buy happiness, you're not spending it right. Dunn and Norton provide an engaging and often entertaining tour of the latest research that shows, from a behavioral perspective, how money can buy happiness—if you follow five core principles of smarter spending.

Adam GrantAdam Grant - Organizational Psychology

Dunn and Norton strive to show how to spend money in less typical but more pleasing ways. They offer five principles you can use to buy happiness.

Chip HeathChip Heath - Business Strategy

Happy Money offers a tour of new research on the science of spending. Most people recognize that they need professional advice on how to earn, save, and invest their money. When it comes to spending that money, most people just follow their intuitions. But scientific research shows that those intuitions are often wrong.

Dan HeathDan Heath - Business Innovation
Dan ArielyDaniel GilbertAdam GrantChip HeathDan Heath

Recommendations

1
authorTim Ferriss

Tim Ferriss

media personalitytechnologyventure capitalistauthor

Happy Money found in libraries

1
71 books

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