Spending on Others Leads to Happiness

Are You Happiest When You Spend Money on Others?


Updated 04/09/08 11:59 AM · Posted by SavvySugar · 28 comments

A new study suggests that most people feel best when they spend their money on others as opposed to spending more on themselves. Michael Norton, a professor at Harvard Business School, explained the results like this: "So instead of buying yourself a coffee buy your friend a coffee and that might actually make you a happier person." Would your feelings support the study's findings on happiness and money?

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