International Day of Happiness 2023: 6 Ways Money Can Buy Happiness
International Day of Happiness: Every year on March 20, people around the world celebrate the International Day of Happiness. Its aim is to give importance to the happiness and general welfare of the people. In 2013, the UN launched the event in response to promoting Bhutan’s national happiness.
As we celebrate the International Day of Happiness, we recognize how important happiness is to our health and productivity. One method of commemorating the event is to share warm wishes and words of encouragement with loved ones and encourage them to experience joy.
Every month after our salary deposit, we sit and think of all the things that money can buy, but get discouraged because money cannot buy the ‘peace’ and ‘love’ that most of us need.
Yes, that air fryer will make you smile and cheer you up every time you make evening snacks but in moments of loneliness, you’ll want to go to the top of the hill and sit and breathe.
Happy Money: The Science of Happier Spending is written by Harvard Business School Marketing Professor Michael Norton and University of British Columbia Psychology Professor Elizabeth Dunn.
The book argues that spending, rather than actual money, leads to connections with others or experiences, which become a significant factor in making people happy.
Here are some ways we can be happier with some of these happy money principles:
1. Your time is money
Wouldn’t it be nice if someone else did the laundry? Spending money on amenities like supermarket delivery, short commutes, or cleaner homes can feel like a good investment and lead to happier consumption.
But at the same time, you need to spend money to give time, do not waste this purchased time. If we spend hours watching TV shows, obsessing over our appearance or devices, or drifting aimlessly from one task to the next, instead of doing things that are important, interesting, profitable, or growth-promoting, happiness will surely not come. from money.
2. Spend money on experiences
Yes, don’t invest in brand new audio to take that beach vacation. People are happier when they spend money on experiences instead of things like vacations, dining, education, and home improvements (electronics, cars, clothes).
Experiences are not things that make us happy. Many experiences are almost free, like hiking with friends or family game nights. And many more- road trips, booze parties, sporting events, cooking lessons and rock concerts. A spontaneous day with our family and friends on an adventure in our new car; Have a party at home.
3. Consume more wisely
Even if you love chocolate mousse, it won’t be amazing if you consume it every day. The same goes for spending money. According to research, you want more of the things you love when you have less. A treat is a treat because it’s a reward, in other words!
4. Pay your way in advance (when you can)
You can’t always save money upfront (home loan, car loan!), do so if you can. According to a study, paying for something before using it increases your enthusiasm and enjoyment of the item.
Spending money on need-satisfying activities, such as investing in personal growth and investing in relationships with others, can be a straightforward and effective strategy for enhancing the pleasure and fulfillment we derive from money.
5. Everything about other people
Recent studies have found that simply thinking about money makes people more egotistical. However, the remedy is generosity. According to Dunn and Norton’s research, spending money on others can improve your level of happiness.
People who spend their money on gifts and charitable donations generally feel happier afterwards and overall.
6. Spend money now but wait to enjoy it
The time leading up to the holidays is when most of the joy is experienced and experienced. For example, eager travelers, a month before embarking on a guided tour of major European cities, express their enthusiasm for enjoying their vacation significantly more than they actually do in the twelve days.
We recommend that you not only extend that period, but take several small vacations instead of one big vacation.
By giving to another person, you create a connection and a conversation with that person, and those things are so good for happiness, why not share your ‘extras’ with others, and maybe the world will be a better loving place.
Keep smiling, be happy!
(This article is for your general information only. Zee News does not guarantee its accuracy or reliability.)