Spending money on yourself does not lead to happiness

Multiple studies show that spending money on others and being generous with your time can make you happier. On the flip said of that, spending money on yourself does not lead to any increase happiness, and in fact it will often even make people more miserable. The sources of this include studies from Elizabeth Dunn, the University of Zurich in Switzerland, as well as Harvard University among others.

Pay it forward | Donate or Volunteer

There are periods of time in which we all need a little help. You should never feel bad to ask others for assistance at those points of time in your life, and be sure to show gratitude as well when doing so. Once you make it through the challenge(s) you are faced with, be sure to give back to others once you are reestablished. This is so important, and the paying it forward/giving back what separates the “takers” and “givers”. This concept of “paying it forward” is what differentiates people. …

Give an investment for a Christmas gift

Christmas is the time of consumerism. The National Retail Federation estimates that over $450 billion dollars is spent during the Christmas holiday, with the average American spending around $700 per year on gifts. Maybe a better thing to do is give a kid a stock or investment at Christmas that keeps on growing over time. Maybe invest for your kid(s) or loved ones instead of giving some toy that they will get bored of in short order. Small dollar Christmas gifts of stocks, ETFS, or mutual funds can be given …