"Happy Money" by Elizabeth Dunn and Michael Norton explores the surprising connection between money and happiness. The authors reveal how spending habits, rather than the mere accumulation of wealth, play a pivotal role in enhancing our joy. Through engaging research and real-world examples, they provide practical strategies to help individuals spend their money more wisely to boost their well-being. Can a $5 coffee make you happier than $50 in cash? Discover how you can transform your financial choices into a pathway to lasting happiness!
By Elizabeth Dunn, Michael Norton
Published: 2013
"Money can buy happiness, but only if you spend it the right way."
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 offers a tour of research on the science of spending, explaining how you can get more happiness for your money. Authors Elizabeth Dunn and Michael Norton have outlined five principles--from choosing experiences over stuff to spending money on others--to guide not only individuals looking for financial security, but also companies seeking to create happier employees and provide "happier products" to their customers. Dunn and Norton show how companies from Google to Pepsi to Charmin have put these ideas into action.
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“Money can buy happiness, but only if you spend it the right way.”
Happy Money
By Elizabeth Dunn, Michael Norton
Discover a world of knowledge through our extensive collection of book summaries.
Elizabeth Dunn is a contemporary author known for her insightful explorations of human relationships and societal dynamics. Her notable works include 'The Lullaby of Polish Girls' and 'The Living.' Dunn's writing is characterized by its lyrical prose and a keen understanding of emotional complexity, often blending dark humor with poignant observations of life. She frequently draws inspiration from her travels and experiences, creating rich narratives that resonate with readers.
Michael Norton is a distinguished author and professor known for his insightful exploration of human behavior and its interplay with economics. He is the co-author of the best-selling book 'Happy Money: The Science of Happier Spending,' which delves into how money can contribute to happiness. Norton's writing is characterized by its engaging style, blending rigorous research with relatable anecdotes that make complex concepts accessible to a wide audience. His works often challenge conventional wisdom, emphasizing the importance of experiences over possessions. Norton has also published numerous academic papers and is a sought-after speaker at conferences and events, sharing his expertise on the psychology of money and decision-making.
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