By Amanda Gardner, HealthDay Reporter
THURSDAY, March 20 (HealthDay News) -- Money can buy happiness, at least when you spend it on others.
That's the conclusion of a study appearing in the March 21 issue of Science. It found that spending on others brings people greater satisfaction than buying things for themselves.
What's more, most people seemed unaware of this hidden key to happiness, the researchers said.
"It's tied to 'pro-social' spending," said Elizabeth Dunn, lead author of the study and assistant professor of psychology at the University of British Columbia in Vancouver, Canada.
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Hikes in income can help boost happiness, but the effect is weak, prior studies have found. Research have also found that as the average income rises within a society, people's reported levels of happiness remain relatively static.
Complete article at:
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