Friday, March 21, 2008

Better to give than to receive

It is true-it really is better to give than receive.
Apparently, research suggests that money buys happiness only if you spend on someone else.

Elizabeth Dunn, a psychology professor at the University of British Columbia, found that people who spent a windfall on friends or family, or gave it to charity, reported feeling happier than those who spent the money on themselves.

One of her experiments involved giving students either $5 or $20 to spend, but she also surveyed employees at a Boston company after they were a given a bonus of between $3,000 and $8,000. In both, cases, those who spent cash on others reported an increase in their level of happiness.

The findings published today in the journal of Science, add to the burgeoning happiness literature ,which includes studies on how everything from comfort food to exercise to having braces can affect happiness.

The study found that spending even $5 on someone else can brighten your day. Dr. Dunn said. Yet most people don't expect that to be the case.

Hope that many of us, think about the study and be happy.

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