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If money does not make you happy, consider time

✍ Scribed by Jennifer L. Aaker; Melanie Rudd; Cassie Mogilner

Book ID
104021216
Publisher
Elsevier Science
Year
2011
Tongue
English
Weight
181 KB
Volume
21
Category
Article
ISSN
1057-7408

No coin nor oath required. For personal study only.

✦ Synopsis

Abstract

Although a substantial amount of research has examined the link between money and happiness, far less has examined the link between time and happiness. This paper argues, however, that time plays a critical role in understanding happiness, and it complements the money‐spending happiness principles in Dunn, Gilbert, and Wilson (2011) by offering five time‐spending happiness principles: 1) spend time with the right people; 2) spend time on the right activities; 3) enjoy the experience without spending the time; 4) expand your time; and 5) be aware that happiness changes over time.

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## Abstract The relationship between money and happiness is surprisingly weak, which may stem in part from the way people spend it. Drawing on empirical research, we propose eight principles designed to help consumers get more happiness for their money. Specifically, we suggest that consumers shoul