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Money Buys Happiness When You Spend On Others, Study Shows

 
Creative Commons License photo credit: Randy Son Of Robert

ScienceDaily (Mar. 21, 2008) — In a series of studies, UBC Asst. Prof. Elizabeth Dunn found that individuals report significantly greater happiness if they spend money “pro-socially” — that is on gifts for others or charitable donations — rather than spending on themselves. Her findings will appear in the March 21 edition of the journal Science.

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