How To Buy Happiness

Jun 26, 2020

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Some say money can't buy happiness, but what if it can? Today we're talking 'happy money principles' and ways to align your dollars with your values and use money as a resource to experience greater intentionality with your spending.

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Notable Notes:

What the Internet has to say:

This article from Forbes provides us with 5 principles of happy money

What Jen + Jill have to say:

1. Buy experiences- “research shows that material things turn out to provide less happiness than experiential purchases.”
2. Make it a treat- “When something is always available people are less inclined to appreciate it. Look for ways to turn your favorite things into a treat again. This may mean cutting back on them for a while.” #absencemakestheheartgrowfonder
3. Buy time- “outsource your dreaded tasks in order to have more time to follow your passions. If money is an issue, consider outsourcing things like cleaning the house so you can work more and earn more money to pay for the house being cleaned.”
4. Pay now, consume later- “By paying up front and delaying consumption, you can buy more happiness even as you spend less money. Because delaying consumption allows spenders to reap the pleasures of anticipation without the buzzkill of reality, vacations provide the most happiness before they occur.”
- Provides something to look forward #hope
5. Invest in others- “Research has shown that spending money on others provides a bigger happiness boost than spending money on yourself.”