The holiday season brings with it merry cheer and the one custom that is shared across many religious and cultural traditions…giving. We often hear the phrase “it is more blessed to give than to receive” quoted during this season. It is in this phrase that many find their sense of happiness and purpose.
Research done by social psychologist Liz Dunn and her colleagues shows that people’s sense of happiness is greater when they spend relatively more on others than on themselves. The survey was conducted with over 600 US citizens and of various income levels.
The most interesting fact from the research was that even those with little money reported greater happiness when their giving surpassed their receiving.
Every day you are faced with thousands of choices. They may be as trivial as what to eat for breakfast or as monumental as what career path to take. Regardless of the type of choice, your choices create your reality. No choice is without consequence.
It’s when we finally realize that each choice bears a consequence that we can finally break free of our money struggles.
Life isn’t that difficult. We make it difficult. We have the power to change our current circumstances every minute of every day. When the pain of staying the same outweighs the pain of change – we decide to get out of our comfort zone and try something new.
Your First Step to Stop Struggling
Your first step […]
It’s easy to think that once you become a millionaire, you’re set. All your financial woes go away, and you have “made it.” However, this kind of mindset is dangerous because real wealth is not measured by how much you have, but rather how long you can last on what you have.
Are you looking at your saved money as real wealth?
When people think about “lasting on the money I have,” they immediately want to save more and put more money in the bank. Over years of traditional thinking, most employees would think this way. However, sooner or later, the inevitable will happen. The money you have in the bank will run out. To the financially educated, they are looking at 1) […]
Don’t Allow Your Finances To Become A “Junk Drawer”
Opening the kitchen “junk drawer” trying to find a pair of scissors can be frustrating. Many kitchen “junk drawers” are filled with things that are for one-day-when-I-need-this or items that don’t really have a specific home. We throw them into the “junk drawer”, close the drawer and hide the disorganization behind the drawer knob.
Many times, our finances behave the same way. We sometimes keep our receipts & sometimes we lose them. If we keep the receipts, they start to pile up on the desk. When you need it again, the ink has faded away with time. Sometimes it’s so bad that you can’t find a folder you stuck somewhere when quickly cleaning […]