Title: Does Spending Money Make You Happy? | Social Psychology Online
Headings: Does Spending Money Make You Happy?
Does Spending Money Make You Happy?
Sometimes Spending Money Makes You Happier
Spending Money Your Way
Personality-Guided Spending and Happiness
Go Spend That Money!
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Content: Come to think of it, people are pretty insistent that money doesn’t do much at all…except make the world go ’round. In general, there’s some truth to the idea that money and happiness are not inextricably linked. Although it’s true that people in poverty tend to be less happy than people who have more money, once your income affords you a reasonably comfortable life, having even more money usually doesn’t mean being even happier. Nevertheless, people often think that more money = more happiness (with some notable exceptions) and that we can find satisfaction through buying the things we want most, but the enlightened among us are quick to correct this notion. Indeed, research shows that the more materialistic people are, the less happy they are. They’re more likely to be depressed. They tend to have lower self-esteem. They have poorer relationships and are less willing to get involved in their communities. There are real downsides to our materialistic urges. Sometimes Spending Money Makes You Happier
New research has started to show, however, that spending money can lead to happiness… but only if you spend wisely.