Recession or No Recession, Come On, Get Happy!

Could the onset of the recession actually make people happier? In fact, it could—if only because it can remind people of what’s really important in life. And truth be told, buying stuff doesn’t make folks happy in the long run.

Some choice tidbits from a USA Today story on what makes people happy, recession or no recession:

Though money helps people lead more comfortable lives, it doesn’t necessarily contribute to the moments in life that bring happiness — which tend to come from social interactions and activities, not from accumulating material goods…

Simplicity is a silver lining to the downturn…

Some research suggests focusing on gratitude can increase happiness…

Psychologists also have found that being highly materialistic affects happiness, with those who are most concerned about money and possessions actually being less happy…

Keeping too close tabs on the economy, such as daily monitoring of economic indicators that have been on a roller-coaster ride since the recession began, also hinders happiness…

Eating out or buying theater tickets was money better spent than on more things, such as a new tech toy or clothing, and the experiential purchase provided greater happiness for themselves and others, regardless of the amount they paid or their income…

The researchers suggest that’s because experiences can provide happy memories, which don’t wear away as fast as the rush of buying a new possession.

Related Topics: cheapskate wisdom, families & children, happiness, recession, recession porn, simplicity
  • http://3scocktails.com/2009/08/13/recession-or-no-recession-come-on-get-happy-the-cheapskate-blog-time-com/ Recession or No Recession, Come On, Get Happy! – The Cheapskate Blog – TIME.com « Triple S Cocktails

    [...] via Recession or No Recession, Come On, Get Happy! – The Cheapskate Blog – TIME.com. [...]

  • newsmuncher.com

    It definately makes you turn inward and look at the more simple things in life: family, personal happiness, relationships, etc.

    These are the basic building blocks of life and we tend to get caught up in the day-in and day-out routine and forget about them until crisis comes…


    E.
    Newsmuncher.com

  • http://cheapskate.blogs.time.com/2009/08/21/ten-odd-lessons-the-recession-has-taught-us/ Ten Odd Lessons the Recession Has Taught Us – The Cheapskate Blog – TIME.com

    [...] a moment to step back and contemplate, to come to a truer understanding of life lessons like that happiness is not derived from material things. The financial downturn has also passed along some slightly odd teachings, like that fewer people [...]

  • http://money.blogs.time.com/2009/11/11/recession-just-what-the-doctor-ordered/ Recession: Just What the Doctor Ordered? – It's Your Money – TIME.com

    [...] But, it turns out, the economic downturn may in fact be the answer to your prayers: It's arguably made many people happier, and created a smarter, tougher breed of shopper. It may also be making us [...]

  • http://money.blogs.time.com/2010/06/11/what-ive-learned-from-a-year-of-blogging-about-saving-money/ What I’ve Learned from a Year of Blogging About Saving Money – It's Your Money – TIME.com

    [...] and fewer cemeteries. The fading sales of Crocs. The sudden hipness of baby hand-me-downs. An uptick in happiness—because the unemployed spent more time with their families, and amid the economic struggles, all [...]

  • http://money.blogs.time.com/2011/01/03/lesson-from-the-recession-turns-out-the-old-rat-race-is-%e2%80%a6-fun/ Lesson from the Recession: Turns Out the Old Rat Race Is … Fun? – It's Your Money – TIME.com

    [...] theory has it that the recession was actually supposed to make people happier—that the upheaval in jobs, markets, and housing would force us to be more grateful for the things [...]

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