It's official! Money can actually buy you happiness, but only if you spend it on others! According to a recent study, people might be happier when they spend money on others rather than themselves.
For the study, researchers from New York University & University of California looked into human altruism and its effects. They gathered 133 participants and handed them $10 each. The participants were then separated into two groups: one tasked to buy a gift for themselves, the other to buy a gift for someone else.
After comparing the results, researchers found that the group who spent the money on others felt happier than the group who spent it on themselves. They also observed that the amount spent doesn’t have a significant contribution to happiness.
So, next time if you feel sad, buy a gift for someone.
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