This article is from 2008 but I thought it was an appropriate start to my ‘how to find happiness’ blog. This article from Science magazine is a study on the relationship of how people spend money and how happy they are because of it. There has been a lot of previous research that examines the effect of income on happiness. The research indicated that income has a reliable but weak effect on happiness, especially after the basic needs are met. However, even though real incomes have increased in the US over the last few decades, Americans are not reporting to be any happier.
But why?
This study performed experiments on different groups of people to determine whether spending money on themselves or on others gave them a greater feeling of happiness.