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Amy Goan, MBA, CFP®
Email: amy@prismfinancialplanning.com
18708 SE 45th St., Issaquah, WA 98027
425-641-5717
Working With Clients Remotely

"Happy Money: The Science of Smarter Spending" by Elizabeth Dunn and Michael Norton

 

We all spend money. But do we do so wisely, so as to maximize the happiness it can bring to us? "Happy Money" by Dunn and Norton discusses the links between money and happiness. Although financial planners focus on using your money to get more money, maybe it's time to focus on using your money to get more happiness.

The authors believe there are five principles to spending that will maximize your happiness:

  1. Buy Experiences
  2. Make It a Treat
  3. Buy Time
  4. Pay Now, Consume Later
  5. Invest in Others

I found that this book reminded me of a lot of things I already knew, but that doesn't mean I didn't need reminding. The authors' sly sense of humor gave me a few chuckles and made the book an enjoyable read. I hope you'll agree!

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