Spending on oneself does not boost wellbeing. However, spending money on others does -- and it appears to be as important to people's happiness as the total amount of money they make.
Tom RathThe most successful people start with dominant talentโand then add skills, knowledge, and practice to the mix. When they do this, the raw talent actually serves as a multiplier.
Tom RathWellbeing is about the combination of our love for what we do each day, the quality of our relationships, the security of our finances, the vibrancy of our physical health, and the pride we take in what we have contributed to our communities. Most importantly, itโs about how these five elements interact.
Tom Rath