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By Eric Barker
June 11, 2015
IDEAS
Barker is the author of Barking Up The Wrong Tree

Can Money Buy Happiness?

Yes. But you might be surprised by the ways you should spend it.

Harvard professor Michael Norton and co-author Elizabeth Dunn have a new book out, Happy Money: The Science of Smarter Spending, that details the research on the 5 best ways to turn your dollars into lasting smiles. What are they?

1) Buy Experiences

Via Happy Money: The Science of Smarter Spending:

(For more on the science of being happier and more successful, click here.)

2) Make It A Treat

Via Happy Money: The Science of Smarter Spending:

(For more on how ancient philosophy can make you happier, click here.)

3) Buy Time

Via Happy Money: The Science of Smarter Spending:

(To learn how to stop being lazy and use your time more productively, click here.)

4) Pay Now, Consume Later

Via Happy Money: The Science of Smarter Spending:

(To learn what research says about how millionaires really become millionaires, click here.)

5) Invest In Others

Via Happy Money: The Science of Smarter Spending:

(For more on how nice guys can finish first, click here.)

More from Michael Norton’s TEDx talk here:

To learn more check out Happy Money: The Science of Smarter Spending.

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This piece originally appeared on Barking Up the Wrong Tree.

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