As with all scientific research, there are no absolute certainties. But a large number of economic, psychological, and social studies suggest that more money can buy happiness. For a good summary with references to relevant studies, see this article in Psychology Today. But there are some caveats and nuances. Sonja Lyubormirsky, researcher and author of The How of Happiness (I highly recommend the [Continue Reading]
Happiness: An Unexpected Benefit of Frugality
If you’ve followed me for long, you know that I think frugality is important. By frugality I do not mean painfully depriving yourself of happiness now so that someday you’ll be more happy. I also don’t mean you have to live in a tent or eat rice and beans your entire life. No. Frugality can make you happier [Continue Reading]
Money and the Path to a Better Life
Money. It’s the most important topic that no one wants to talk about. If you want to create an awkward silence at a social gathering, just ask someone “how much money do you make?” or “what’s your net worth?” You might as well have asked them to strip naked! Some of us love money. Some [Continue Reading]