I read a little blurb in a magazine the other day that says you can, in fact, buy happiness, and it only costs about $5.
The trick? You have to spend it on someone else.
The blurb went on to say that studies have shown that doing something small for someone else has a big effect on the giver’s happiness. Maybe it’s bringing a co-worker a latte or bringing cookies to the office. Maybe you drop $5 into the cup of the homeless guy you pass every morning.
So maybe, when you’re having a rough day and looking for a bit of retail therapy, pull out a $5 and go do something for someone else. Maybe you’ll find that you’ve just improved your day and someone else’s as well.
I’m hosting the Carnival of Pecuniary Delights this Thursday, so be sure to get your submissions in!
Megan is a 40-something government employee in the Washington, DC area. She got interested in Personal Finance when she got out of college and realized that her paycheck wasn’t going to go as far as she had hoped. Since starting this blog, she has managed to buy a house and make a solid start on her retirement goals, and hopes to help others do the same. Here is her story:
In 2007, I was a gainfully employed 20-something with no debt but not a lot of knowledge about personal finance. It was a co-worker’s comment about Roth IRAs that sent me to the internet, searching for information. It was then that I realized that I really didn’t know a whole lot about personal finance and that my current financial situation was due a lot to inherent frugal tendencies, generous family members, a fear of debt, and good luck. While that was working for me, clearly I needed a better plan.
While I had no debt, I was also pretty much living paycheck to paycheck and not worrying about going over budget (I say this as if I had a real budget) because I had an emergency fund set aside to cover any overages.
Except that’s not what an emergency fund is for.
So I did a lot of research, read a lot of blogs, and decided that I needed a plan. I needed to budget. I needed to know what I was spending my money on. I needed to prepare for the future.
I decided to create a blog not only to make myself accountable to others but also to share the knowledge that I gained along the way. I’ve learned so much from my fellow bloggers, and I hope that my readers can find something useful in what I have to share as well.