We are familiar with the saying “Money can’t buy happiness” but what if it can? An experiment by Dunn, Ankin, and Norton conducted in 2008 involved giving random shoppers either $5 or $20 to spend on themselves or others. The researchers contacted the shoppers later in the evening and found that those who spent the money on others or donated to charity reported higher levels of happiness than those who spent the money on themselves. Additionally, the researchers found the amount of money did not have a significant impact on happiness. What really mattered was how the money was spent! If you are looking for a happiness boost, try giving even just a little bit to a stranger or a charitable organization!


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