Tuesday, November 12, 2013

Can you 'buy' happiness? - 2

(...contd.)

BUY TIME

A study by psychologist Daniel Kahneman shows that housework is the least enjoyable activities. So, what money can do in this case is to enable you to outsource these tasks to someone. Now, how you spend your free time will help you be happier than spending that cash in a mall. You need to think how a particular purchase will affect your daily life turns decisions about money into decisions about time. The bonus here will be that people start focusing on time rather than money and therefore, enabling them to spend time on happier activities.

(...contd.)

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