Money makes you happy, but only if you give it away.

Experiments in which students were given small amounts of cash windfalls with instructions on how to spend it, showed that those who gave the money away (donating to charity or giving a gift) were happier at the end of the day than those who blew it on themselves (to pay a bill or indulge in a treat). Two more surveys by the same team mirrored these results. In one, 16 Boston company employees wer ...

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