Saturday, March 22, 2008
Money buys happiness when ...
Spending as little as $5 a day on someone else could significantly boost happiness, the team at the University of British Columbia and Harvard Business School found.
Their experiments on more than 630 Americans showed they were measurably happier when they spent money on others -- even if they thought spending the money on themselves would make them happier.
Are people happier in countries which give greater proportions of their budgets to foreign aid? Are corporate workers happier when they perceive the companies they work for as giving to charity/'giving back to the community'?
If so, it would be excepted that other developed countries (nearly all of which give greater percentages of their federal budgets to foreign aid) would show higher levels of happiness.
I think the key part in this study/survery is that people are giving directly to other people. The act of giving in a way to make someone else happy is how you can buy happiness.
But, since money is a bad, then this would explain why most (98%?) of the richest people donate to charity as we saw in a previous post....doesn't seem so altruistic now eh?!
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