Chasing Life
Does Money Buy Happiness?
Jul 23, 2024
Professor Elizabeth Dunn from UBC discusses how money can indeed buy happiness, sharing insights from her book 'Happy Money: The Science of Happier Spending'. They explore strategies for maximizing happiness from spending, the impact of income increase, and the importance of generosity and social connection in relation to wealth and well-being.
33:59
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Quick takeaways
- Money can improve aspects of life but doesn't guarantee happiness due to hedonic adaptation.
- Investing in experiences and buying time can lead to lasting happiness according to Prof. Dunn.
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