Happy Money: The New Science of Smarter Spending

After a fairly low threshold, income and material wealth have no measurable effect on happiness. But how we spend our money does.

In this groundbreaking book, Dr Elizabeth Dunn and Dr Michael Norton explain the secret to “happiness-efficient” spending. Using their own cutting-edge research, they reveal:

Why it’s better to buy concert tickets instead of a new iPhone

Adverts actually make television more enjoyable

Why you should book your next holiday many months in advance

How “time affluence” is more important than a fat pay cheque

Why charitable giving is the best investment you can make

A rare combination of informed science writing, wit, and practical pointers for a flourishing life, Happy Money will help you to be more fulfilled for less.

Elizabeth Dunn is an associate professor of psychology at the University of British Columbia in Vancouver, Canada. At age twenty-six, she was featured as one of the “rising stars” across all of academia by the Chronicle of Higher Education.

Michael Norton is an associate professor of marketing at the Harvard Business School. His research has twice been featured in The New York Times Magazine Year in Ideas issue. In 2012, he was selected for Wired magazine’s Smart List as one of “50 People Who Will Change the World.”