When people give to others, they report higher levels of happiness than when they spend on themselves. This relationship between prosocial spending and happiness kicks in, like at work and in our paychecks. Laura's research suggests that there are some ways of spending money on others that can lead to an even bigger happiness boost. We'll see what those extra well-being boosting methods are when the happiness lab returns in a moment.
Money can buy you happiness - but not in the way we think. Giving money away - especially to help others - has been shown make us happier than spending on ourselves.
Social psychologist Lara Aknin explains the best ways to spend on loved ones, friends and even total strangers to get the biggest happiness bang for your buck.
And Harvard's s Josh Greene reveals how much money Happiness Lab listeners gave to charity via Giving Multiplier last year - and how many lives you saved.
To give to a charity of your choice and to some of the most effective charities around (and have your donation matched at a special rate) visit: https://givingmultiplier.org/invite/HAPPINESSLAB
The Happiness Lab will return in January 2023. See you then.
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