Money CAN buy happiness - if you spend in the right way

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Happiness can be bought, according to a new study from the University of Cambridge, but only if your spending matches your personality type. The research, published today in the peer-reviewed journal Psychological Science, analysed 77,000 real UK bank spending transactions by 625 individuals, over six months. It has been described as "ground-breaking" by the researchers involved, as it goes against past research which has found little correlation between money and well being.

Publications

Author:

  • James Connington

KLA:

  • Finance

Type:

  • Article