The Happiness Lab with Dr. Laurie Santos Get Happier, Help Others: Some Good Ideas About Giving
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Dec 2, 2024 Elie Hassenfeld, Co-founder and CEO of GiveWell, dives into the transformative power of charitable giving. He discusses how spending on others often brings more happiness than spending on oneself. The conversation highlights effective charities and the importance of transparency in philanthropy. They explore the psychological barriers to giving and the evolving landscape of charitable contributions. Hassenfeld shares insights on empowering individuals through targeted donations, showcasing how strategic giving can make a real difference.
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Giving and Happiness
- Giving money makes people happier than they anticipate.
- Highly effective charities maximize the impact of donations.
Miscalculating Happiness
- People often misjudge the happiness benefits of giving.
- This miscalculation leads to missed opportunities for personal happiness and positive societal impact.
Dunn's Happiness Study
- Elizabeth Dunn's study involved giving people money and instructing them to spend it on themselves or others.
- Those who spent it on others reported higher happiness levels, contradicting initial predictions.