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After a fairly low threshold, income and material wealth have no measurable effect on happiness. But how we spend our money does.
In this groundbreaking book, Dr Elizabeth Dunn and Dr Michael Norton explain the secret to "happiness-efficient" spending. Using their own cutting-edge research, they reveal:
• Why it's better to buy concert tickets instead of a new iPhone
• Adverts actually make television more enjoyable
• Why you should book your next holiday many months in advance
• How "time affluence" is more important than a fat pay cheque
• Why charitable giving is the best investment you can make
A rare combination of informed science writing, wit, and practical pointers for a flourishing life, Happy Money will help you to be more fulfilled for less.
After a fairly low threshold, income and material wealth have no measurable effect on happiness. But how we spend our money does.
In this groundbreaking book, Dr Elizabeth Dunn and Dr Michael Norton explain the secret to "happiness-efficient" spending. Using their own cutting-edge research, they reveal:
• Why it's better to buy concert tickets instead of a new iPhone
• Adverts actually make television more enjoyable
• Why you should book your next holiday many months in advance
• How "time affluence" is more important than a fat pay cheque
• Why charitable giving is the best investment you can make
A rare combination of informed science writing, wit, and practical pointers for a flourishing life, Happy Money will help you to be more fulfilled for less.
Due to publisher restrictions the library cannot purchase additional copies of this title, and we apologize if there is a long waiting list. Be sure to check for other copies, because there may be other editions available.
Due to publisher restrictions the library cannot purchase additional copies of this title, and we apologize if there is a long waiting list. Be sure to check for other copies, because there may be other editions available.
About the Author-
Elizabeth Dunn is an associate professor of psychology at the University of British Colombia in Vancouver, Canada. Their research into money and happiness has been covered internationally in Forbes, CNN, and Psychology Today.
Reviews-
January 14, 2013 Money. For most people, it’s a source of stress and fear. And yet more money doesn’t change things—research shows that once an American is earning around $75,000 a year, he does not get any happier with incremental income. What if instead of simply focusing on curtailing our spending, we changed how we spent our money, putting it toward purchases that actually make us happy? University of British Columbia psychology professor Dunn and Harvard Business School marketing professor Norton, friends from graduate school, offer a witty, lively guide to changing the philosophy behind spending so that it brings you true joy. Buy experiences rather than products, they advise; make your purchases treats rather than hobbies; buy yourself time; save rather than putting yourself in debt; and invest in others. Referencing behavioral psychology experiments and tests, the authors direct readers through the ways they can change their behavior to make the spending on even a limited budget lead to happiness. Readers cannot help but be charmed by this funny, warm guide to creating the good life from scratch. Agent: Katinka Matson, Brockman Inc.
Daniel Gilbert, author of Stumbling on Happiness
'Cutting edge. Like stand-up comedians of science, Dunn and Norton take ordinary observations that everybody experiences and craftily distil them with a clarity that makes us laugh, and then makes us think.'
Chip Heath, co-author of Decisive: How to Make Better Decisions in Life and Work
'Lively and engaging. Happy Money isn’t a purchase; it’s an investment—and a shrewd one at that.'
David Halpern, Behavioural Insight Team, No 10, and author of The Hidden Wealth of Nations
'Many books have been written to tell you how to make money, save money, and invest money. Now there's a book that can tell you how to spend it. Wisely.'
Financial Times
'Wise and entertaining… Dunn and Norton provide practical and well-evidenced insights for all of us, from individuals, to communities, to governments.'
The Economist
'An interesting and breezily written book, full of fun anecdotes and behavioural research… Money may not be able to buy you happiness but purchasing this book might just help steer you in the right direction.'
Times Higher Education
'A small investment in this invaluable book could be worth its weight in gold… combine[s] a witty, conversational style with a dazzling depth of research… Whether you have lots of money or are on a tight budget, this may change how you look at your life – for the better.'
Healthy magazine
'Dunn and Norton are enthusiastic and engaging writers… and they are careful to back up their recommendations with citations to the relevant academic literature.'
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Oneworld Publications
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