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Giving Makes Us Happy

gratitude & giving back Oct 09, 2022

I think most of us, if we’re honest, can fall into the illusion of thinking that we’ll be happier if we have more money to spend on ourselves. But this Harvard Business School study suggests the opposite is true. 

Today we’re going to explore can giving to others actually make us happier, than more money and more things for us?!

Michael Norton, assistant professor at Harvard Business School, conducted a series of studies showing that people are happier when they spend money on others versus on themselves.

The findings from this study showed that those who reported spending more on others also reported a greater level of happiness, while how much they spent on themselves had no impact on happiness.

It’s not easy to wrap our heads around this one. Our society does condition us to think that we want, need and will be happier if we have more money. But give science a chance. Just consider that more money is NOT the best way to get happier. 

The Step-by-Step Guide we’re diving into today might help you see that money might not make you happier in life, and that giving of what we have, is a wonderful way to live with greater happiness, peace and fulfillment.

The idea today is simple! We’re going to get a chance to replicate the study conducted by Harvard Business School. 

You will need:

  • An amount of money you feel comfortable parting with today
  • An open mind, and a wide open heart for giving
  1. Decide how much money you feel comfortable parting with today. It might be $5, it might be $50. Or more?!
  2. Spend half of that amount on yourself.
  3. Give half of that money to someone else – ideally someone that this money would be meaningful and genuinely supportive to.
  4. Become aware of how you feel and the happiness you’re receiving from both giving to yourself and to someone else!

I’d love to hear how this goes for you all! And would love to answer any questions about this in our LIVE Q&A this month.

And as always you can share your awareness and your questions on our Fenix’ Inner Circle Facebook Page!

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CREDIT • Acknowledgements
Strategy by Zoë Lumiere
Step-by-Step Guide by Zoë Lumiere
Scientific Research by Michael Norton
Quote by Ben Carson
Image used in Quote by Eye for Ebony via unsplash

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