Happy Money Book Summary Part 4

The last two principles from the book Happy Money are PAY NOW, CONSUME LATER and INVEST IN OTHERS. The Joy of Waiting Businesses recognize this psychological phenomenon, which has driven the development of financial and technological innovations that enable people to consume sooner and pay later. By putting this fundamental principle into reserve, you can … Continue reading Happy Money Book Summary Part 4

Happy Money Book Summary Part 2

The first principle in Happy Money is to BUY EXPERIENCES, not buying stuff. The authors, Elizabeth Dunn and Michael Norton, suggest making experiential purchase instead of making material purchase. Experiential purchase includes leisure like trips, movies, sporting events, gym memberships, and the like. People who spend more of their money on leisure report significantly greater … Continue reading Happy Money Book Summary Part 2