Happy Money is different from other personal finance books. It talks about how to spend money instead of how to earn it. Even a small amount of money can bring happiness. It depends on where and how you spend it. Take a look again at the 5 Principles from the book Happy Money: Buy ExperiencesMake … Continue reading Happy Money Book Summary Part 5 →

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 →

The next two principles from Happy Money are to MAKE IT A TREAT and to BUY TIME. Abundance, it turns out, is the enemy of appreciation.Happy Money, Elizabeth Dunn and Michael Norton Sweeter the second time around The first time I tasted my mother's homemade Choco Dream Cake, it was bliss. She makes them in … Continue reading Happy Money Book Summary Part 3 →

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 →

"If you think money can't buy happiness, you're not spending it right." The book Happy Money, The Science of Smarter Spending by Elizabeth Dunn and Michael Norton explores the ways we can use our money to get more happiness from it. Plenty of books have been written on how to earn money but every few … Continue reading Happy Money Book Summary Part 1 →