Can money buy happiness? Make the world a happier place.

Posted by at Mar 25, 2008 03:50 PM CDT
Categories: Constituent Empowerment, Fundraising, Nonprofit Trends

Do we have an answer to the age old question - "can money buy happiness?"

Maybe not, but researchers from Harvard Business School and the Department of Psychology at the University of British Columbia, say their research suggests that how people spend their money may be at least as important as how much money they earn.

The study, published this week in the journal Science, was featured in an article in the Monday, March 21 edition of The Boston Globe. The article and study, Money makes you happy - if you spend it on others, suggests that money, spent on other people can make you happier.  

It is a fascinating article. The people who reported the highest level of happiness were those that were giving money to people or causes in need, regardless of income.

So tell your volunteers, advocates, and other supporters it's time to be happy - give. We can all make the world a happier place.

According to the article one of the researchers, Elizabeth W. Dunn, wrote up the study, close to Christmastime. She "decided that instead of giving her family things, she would get them gift certificates to a website that allows people to choose various philanthropic projects to support.

"I've never gotten more positive responses to any gift I've given my family," she said. "I was giving them the gift of giving."

Shout out to Watt Hamlett, one of Convio's fine Solutions Engineers, who shared the article with me.


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