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.
Show moreAfter 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.
Show moreElizabeth Dunn is an associate professor of psychology at the University of British Columbia in Vancouver, Canada. At age twenty-six, she was featured as one of the “rising stars” across all of academia by the Chronicle of Higher Education. Her work has been featured in top academic journals, including two recent papers in Science, and in hundreds of media outlets worldwide.
Michael Norton is an associate professor of marketing at Harvard Business School. His research has twice been featured in the New York Times Magazine Year in Ideas issue. In 2012, he was selected for Wired magazine’s Smart List as one of “50 People Who Will Change the World.”
'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.'
*Daily Mail*
'Dunn and Norton are enthusiastic and engaging writers… and they
are careful to back up their recommendations with citations to the
relevant academic literature.'
*Times Higher Education*
'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.'
*Financial Times*
'Show your money worries the door with this practical and
fascinating read.'
*Healthy magazine*
'Packed with tips to help wage slaves as well as lottery winners…
people will come away from this book believing it was money well
spent.'
*The Economist*
'How to spend smarter? Read this book!—a rare combination of
informed science writing, rollicking good fun, and practical
pointers for a more flourishing and compassionate life.'
*David G. Myers, author of The Pursuit of 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.'
*Dan Ariely, author of Predictably Irrational*
'Lively and engaging. Happy Money isn’t a purchase; it’s an
investment—and a shrewd one at that.'
*Daniel Gilbert, author of Stumbling on Happiness*
'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.'
*Chip Heath, co-author of Decisive: How to Make Better Decisions in
Life and Work*
'Wise and entertaining… Dunn and Norton provide practical and
well-evidenced insights for all of us, from individuals, to
communities, to governments.'
*David Halpern, Behavioural Insight Team, No 10, and author of The
Hidden Wealth of Nations*
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