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 RathWhen we can see an immediate payoff, we are more likely to change our behavior in the moment. This aligns our daily actions with our long-term interests.
Tom RathEven if people just change two or three things that they are able to sustain over time, it makes quite a difference eventually.
Tom Rath