Could money buy happiness after all? A new study thinks so

The study found the act of donating money to save a life produced happiness at first, but the effects didn’t last. After a month, students who donated money were less happy than those who choose to keep the money for themselves.

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“Prosocial behavior does not unequivocally increase happiness,” the study authors wrote,”because prosocial spending naturally requires giving up something else, which may decrease happiness in its own right.”

“Wow, definitely a surprising result and one that is inconsistent with previous research,” said happiness researcher Sonja Lyubomirsky, author of “The How of Happiness: A Scientific Approach to Getting the Life You Want,” who was not involved in the study.

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