How To Buy Happiness
How To Buy Happiness  
Podcast: Frugal Friends Podcast
Published On: Fri Jun 26 2020
Description: Some say money can't buy happiness, but what if it can? Today we're talking 'happy money principles' and ways to align your dollars with your values and use money as a resource to experience greater intentionality with your spending.Sponsors: As if it wasn’t hard enough to source our own sponsors, now the world has fallen apart and there are no ad budgets for podcasts. While we look for our next sponsor here’s how you can financially support us without giving us your money. 1st is to buy a discounted gift card from Raise. Raise sells gift cards at a discounted price to all kinds of places. Find a store you’d shop at anyways and you can save money right off the top by using a discounted gift card to purchase it! When you use our referral link: frugalfriendspodcast.com/raise you’ll get $5 to spend and we will too!Sign up for Rakuten and spend $25 at any online store they offer cash back at. Sign up at frugalfriendspodcast.com/rakuten and download the chrome extension to see every time Rakuten offers cash back at a store. When you spend $25 through rakuten you earn $10 CASH MONEY! So that’s one way you can help us without spending any money beyond what you’ve already budgeted for.YOUR AD HERE: it’s what makes me happy and it’s what repels cavities. Chewing gum, it’s a win-win.Chewing Gum: Notable Notes:What the Internet has to say:This article from Forbes provides us with 5 principles of happy moneyWhat Jen + Jill have to say:1. Buy experiences- “research shows that material things turn out to provide less happiness than experiential purchases.”2. Make it a treat- “When something is always available people are less inclined to appreciate it. Look for ways to turn your favorite things into a treat again. This may mean cutting back on them for a while.” #absencemakestheheartgrowfonder3. Buy time- “outsource your dreaded tasks in order to have more time to follow your passions. If money is an issue, consider outsourcing things like cleaning the house so you can work more and earn more money to pay for the house being cleaned.”4. Pay now, consume later- “By paying up front and delaying consumption, you can buy more happiness even as you spend less money. Because delaying consumption allows spenders to reap the pleasures of anticipation without the buzzkill of reality, vacations provide the most happiness before they occur.”Provides something to look forward #hope5. Invest in others- “Research has shown that spending money on others provides a bigger happiness boost than spending money on yourself.”More from the InternetThis article from INC provides us with some top tips for 'happy spending'More from Jen + Jill1. Spend it on extra time- hire a housekeeper, virtual assistant, splurge for grocery delivery2. Spend it on a great experience- just because physical things last longer doesn’t mean they bring happiness for a longer period of time. When creating your budget, prioritize at least 1 experience each month.3. Spend it with someone you care aboutBUT SPEND WITHIN YOUR MEANS4. Spend it on someone else - 'tis better to give than to receiveBILL OF THE WEEK - Thanks Olivia for sharing about your $2 bill that you used to FILL UP the gas tank on your scooter!frugalfriendspodcastIf you want to submit your bill of the week visit See omnystudio.com/listener for privacy information.