Time, Not Material Goods, ‘Raises Happiness’

The old adage that money can’t buy happiness has a twist to it in that, indeed, it can buy happiness if you use the money to “buy” time, rather than material goods. As reported by BBC, researchers found that paying someone to do your chores — essentially “buying” you time to do something else — does make you happier. Study participants were given £30 ($40) to spend on material goods and things that freed up their time. They reported feeling...

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