Can Money Buy Happiness? 5 Tips to Turn Bucks Into Bliss

Can money buy happiness?

It’s an age-old question with which many — including philosophers, economists and psychologists — have wrestled.

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“This notion that money cannot buy happiness is just, like, patently false,” social psychologist Elizabeth Dunn recently told CNN Chief Medical Correspondent Dr. Sanjay Gupta on his podcast Chasing Life. Dunn, a professor in the department of psychology at the University of British Columbia in Canada, conducts research that focuses, in part, on getting the most enjoyment out of money.

“Money can absolutely buy happiness,” said Dunn, the coauthor of “Happy Money: The Science of Happier Spending.” “And if you hear anyone say money can’t buy happiness, I would say, tell them to try giving some of it away.”

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