OK, so money generally doesn’t buy happiness. But could it buy happiness, if only we knew the right things to spend it on? Elizabeth Dunn and Michael Norton answer with a resounding “yes” in Happy Money: The Science of Happier Spending.
The book explores a range of fascinating research about satisfied spending, and offers the reader five core principles for turning money into happiness. Some of this advice re-affirms conventional wisdom, but plenty of it is surprising and the details are always illuminating.
One piece of information I found interesting was that people who think of themselves as well-travelled are less likely to get enjoyment out of inexpensive pleasures in their hometowns. So if you are a world traveller, how do you shift your mindset to get enjoyment out of the simpler things in life? You’ll have to read the book to find out.