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Buying Happiness Might Be As Simple As Paying For Spare Time

A new study suggests spending money on time-saving services might give you more joy.
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Buying Happiness Might Be As Simple As Paying For Spare Time

They say money can't buy happiness — but maybe people just haven't been spending it the right way. A new study suggests your cash is best spent on free time.

In a survey of more than 6,000 adults, researchers found those who spent money on time-saving services, like cleaners and landscapers, reported greater life satisfaction, no matter their income.

But some researchers would say spending money on experiences is the way to go. One study found even the anticipation of the experience brings more happiness than buying a material item.

And other scientists argue paying it forward brings the most satisfaction. For example, one Harvard University study found happy people give more and that the more people give, the happier they are.