Monday, March 19, 2012

How The Happiest People In The World Spend Their Money

As you may have been able to tell here at DWCM we touch on much more than just financial topics and issues.  Of good concern to me as I manage and invest clients' assets are the ties between life, money, and work (career).  I've touched on many career topics in addition to what makes people happy or ways to go about improving your happiness and how they tie into and relate to money.


Fast Company had a recent piece titled How The Happiest People in the World Spend Their Money.  In it the writer goes into detail based a new book by Lauara Vanderkam who we have featured here on "Are You As Busy As You Think?"  Her new book offers approaches for a modern more flexible reality to finances.  Her message is this,  Work, life, and money are intertwined intimately, and yet they’re rarely addressed together. As the traditional boundaries that used to define “work” and “life” disappear, the conventional beliefs related to money must also evolve.

  • Be more mindful about what your money could buy. Make purchases that improve your happiness.  For many, that means spending on experiences, not things 
  • Challenge the big house, big yard, two car "American dream." 
  • Don’t just scrimp and save. Find ways to increase your earnings 
  • Rethink retirement. In other words, don’t expect to ever retire 




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