Strategy Markup Language Documents
XML vocabulary and schema for strategic plans
Money and Happiness
Does more wealth lead to more happiness? Researchers have tackled this question for decades, and although the results have differed, one fact is certain: The relationship between money and happiness -- or "well-being," as many researchers put it -- is complicated.
In their book, Happy Money: The Science of Smarter Spending, Professors Elizabeth Dunn and Michael Norton summarize their own and others' research. What they found is that it's not necessarily how much you make that matters to overall happiness (although that certainly contributes), but what you do with your money. They boiled down the findings to five "key principles of happy money."
To help people spend smarter
Invest in memories.
Spread experiences out.
Free up time to participate in activities you enjoy.
Pay for treats and experiences up front.
Spend money on others.