Sunday, June 30, 2019

Smart spending buys happiness | MPR News


Happiness for Sale! | The Composition of Happiness


https://openlab.citytech.cuny.edu/the-composition-of-happiness.../happiness-for-sale/

Sep 10, 2014 - In Sunja Lubmirsky's article “How to Buy Happiness” points out the main ... People fail to realize if they buy a fancy car or a big house that does ...
 
 People fail to realize if they buy a fancy car or a big house that does not mean that the sadness or depression that u faced in your old car or your small apartment will go away. if you used the money to do something you enjoy or go somewhere you always wanted to go is what would make you happy. When you do share amongst your peers, loves ones and friends is increases your happiness not only because you shared but because you did something for someone other than yourself
 
Sep 10, 2010 - DUNN: Well, I think one problem is that people may be attracted to making major material purchases -- buying fancy cars and big houses -- that ..
 
 
DUNN: Exactly. It seems that taking the time to enjoy the small pleasures of daily life is really important for our happiness. And in fact, one reason why having a lot of money doesn't seem to provide as much as happiness as we might expect, is that having tons of money can actually get in the way of our capacity to appreciate those little joys of daily life..  



DUNN: I spent money this past weekend going on a surfing trip with some of my friends, and that made me very happy. We were camping, which was not exactly luxurious or expensive, but the one thing that we did was each day we went out for a really nice lunch after surfing.
VIGELAND: A lot of the examples that you're giving are very experiential. They're not things, they're experiences.
DUNN: Exactly. I think that one of the most interesting findings to emerge from psychological research has been that spending money on experiences can really be a lot better than spending money on material things.
Don't buy a big house you don't need due to your ego. ... savings would give us more happiness or more financial freedom than we already have. ... and by Porsches and other fancy cars because they are “so cheap“ compared to back home.
 
 
In 2014, we downsized from a 4 bedroom, 3.5 bathroom, 2,300 sqft house to a 3 bedroom, 2 bathroom, 1,920 sqft house with a small office. Not only that, we downgraded from a well-known and expensive neighborhood to a relatively unknown neighborhood.
We took our ego squashing quest even further by buying a Honda Fit as well. With simple clothes, a compact car, and a modest house, we successfully completed our mission to go completely Stealth Wealth. It felt wonderful being nobodies!
 

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