If you think money can't buy happiness, you're not spending it right. Two rising stars in behavioral science explain how money can buy happiness - if you follow five core principles of smarter spending.
Happy Money offers a tour of new research on the science of spending. Most people recognize that they need professional advice on how to earn, save, and invest their money. When it comes to spending that money, most people just follow their intuitions. But scientific research shows that those intuitions are often wrong.
Happy Money explains why you can get more happiness for your money by following five principles, from choosing experiences over stuff to spending money on others. And the five principles can be used not only by individuals but by companies seeking to create happier employees and provide "happier products" to their customers. Elizabeth Dunn and Michael Norton show how companies from Google to Pepsi to Crate & Barrel have put these ideas into action.
©2013 Elizabeth Dunn and Michael Norton (P)2013 Audible, Inc.
The book is built around 5 ideas. Each pillar is explained and supported by several examples and studies. It is interesting how these ideas show how the brain reacts to daily actions like spending money depending in the context this action happens.
I recommend this book.
"Good book, but could have been longer"
Happy Money is a easily read book, with lots of stories and anecdotes. I enjoyed a lot while driving my car and felt sorry for finishing it. The science of smart spending resumes itself into 5 principles: 1st -buy Experiences; 2nd Make it a Treat; 3rd Buy Time
4th Pay Now, Consume Later and finally 5th Invest in Others. Although these principles are extensively outlined in the book, I thought it still lacked something else: maybe length, maybe five more principles.
"OK not great"
Light hearted. A little simple and lacking in hard facts. The authors quote experiments but the experiments tend to be of short term duration. Some evidence that these strategies lead to life long increases in happiness would be nice.
"Quick, fun, and insightful"
Went by quickly with some funny quips. Should be useful information! I'd recommend it, why not.
"A good guide to getting the bang for your buck"
This book not only encourages to spend in a manner that makes you happy but also tells you how to spend on things that matter.
Most information here is practical, insightful and easy to understand what
"Long-winded but worthwhile; infuriating narrator"
The book is interesting and is certainly about an important topic more people should give thought to. It was definitely of some benefit to me, and therefore I guess I'd recommend it. However, I dinged it on the stars because the whole thing seemed long-winded... this just didn't need to be a whole book. It would be better as a long-ish magazine article, I think.
As to the narration... I've listened to hundreds of books and this may be the worst narrator I've heard. His ostentatious over-enunciation came across (to me, anyway) as smug, irritating, and highly artificial. It was enough to seriously distract from the content of the book.
So overall, a worthy book, but between the skim-ability and horrific narration, perhaps better as a read than a listen.
I did not enjoy the style of the writers, I thought it was nerdy and it made me cringe. Happy Money suffers from lack of a hook though there are several bite size pieces of wisdom scattered throughout. Overall, the writing comes across as vague. I recommend looking for a different book if you are interested in the overlap between money and happiness.
First I'd like to state that this book came highly recommended and I hope this review doesn't affect people purchasing the book.
I was so excited to learn the information in this book and opted for the audiobook to enable listening on the move. However, the narration is so bad I am considering asking for a refund.
IF I make it through the entire book I expect to leave a favourable review, but after just 1minute I simply cannot listen to this.
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