Showing posts with label Money. Show all posts
Showing posts with label Money. Show all posts

Wednesday, December 23, 2015

Want to Spoil Your Happiness? Think About Money

by Nomad

In a search for true happiness, thoughts of money are a killjoy.


If you are- for some obscure reason- eager to ruin whatever bit of joy that life has to offer, an article from last May's Psychological Science has some advice. 
Think about money.

Studies have demonstrated that the level of happiness is dependent on that person's ability to appreciate and savor their experiences.  How much happiness you derive from living depends on what degree you are able to extract joy, awe, excitement, and gratitude- the full range of emotions- before, during and after your experiences. 

Psychologist Jordi Quoidbach and his research team from the University of Liege in Belguim devised an experiment involving nearly 400 adults coming from diverse backgrounds.
The participants were randomly divided into two groups. One group was shown an image of a stack of money while the other group was shown the same image blurred beyond recognition. Both groups were given psychological tests to rate their ability to savor pleasant experiences in general. 

As described in their academic paper, their paper, Money Giveth, Money Taketh Away: The Dual Effect of Wealth on Happiness, the researchers found that people who had been shown photos of money scored significantly lower on the tests.