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Money Can’t Buy Happiness? Science Begs to Differ, Yes It Can!

Researchers found that people spending money on saving time were reportedly more satisfied with their lives than the others

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Time and Money
"Money can't buy happiness". A group of researchers believes the opposite with scientific backing. Pixabay

Aug 03, 2017: It’s time to change the pre conceived notion- “Money can’t buy happiness”. A group of researchers believes the opposite with scientific backing. It says, “you can buy happiness – especially if the money saves you time”.

Research from the University of British Columbia has found that people who dole out cash to save time on things like – paying others to cook or clean for you are more likely to feel happiness, less stressed and more satiated in life.

The author of ‘Buying Time Promotes Happiness’ writes, “Around the world, increases in wealth have produced an unintended consequence: a rising sense of time scarcity.”

“We provide evidence that using the money to buy time can provide a buffer against this time famine, thereby promoting happiness.”

The study involved the researchers questioning about 4500 people from the four countries (U.S., the Netherlands, Denmark, and Canada) about their levels of time-related stress, their life satisfaction and whether they spent their money on material goods or time-saving purchases.

[sociallocker][/sociallocker]

These people were asked whether they paid others for monotonous daily tasks in order to increase their free time. In 28% of cases, the answer was yes. These folks spent an average of $147.95 per month to buy themselves an additional time.

The results found that people spending money on saving time were reportedly more satisfied with their lives than the others.

Furthermore, to narrow the study, the researchers asked 1,800 Americans similar questions and found that 50 per cent of the respondents who had made such purchases also proclaimed greater happiness. These folks spent on an average between $80 and $99 per month for chores like cooking, shopping, and household maintenance.

In an experiment which involved paying 60 Canadians $40 to spend on a weekend found that the time-saving buyers described feeling more positive at the end of the day compared to those who bought materialistic goods.

ALSO READ: Kill The Boredom Now! Here’s How You Can Make Use of ‘Idle Time’

Elizabeth Dunn, one of the authors of the paper, told the New York Times, “If there’s some task that just thinking about it fills you with dread, then it’s probably worth considering whether you can afford to buy your way out of it.”

However, keeping in mind the perquisites of buying the time, the researchers noticed that many of us choose not to allocate discretionary income this way, even when we can afford it.

“Despite the potential benefits of buying time, many respondents allocated no discretionary income to buying time, even when they could afford it: just under half of the 818 millionaires that we surveyed spent no money outsourcing disliked tasks,” the authors noted.

The rationale behind the findings is the ‘cult of busyness’ – an ideal which sees people favor a tireless work ethic over paying someone for a task, so as to evade appearing lazy.

– prepared by Naina Mishra of Newsgram. Twitter @Nainamishr94

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Delhi Woman Shot Dead In front of Husband, 2 Year Old Son

Her husband told police he had borrowed money from someone and alleged the lender was behind the killing as he was unable to pay the amount back.

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woman
A woman was murdered in the early hours of the morning as the family traveled from Kashmere Gate to their home in Rohini in Delhi. Pixabay

New Delhi, October 25, 2017 : A 30-year-old woman was shot dead in the early hours of Wednesday in front of her husband and two-year-old son, police said.

Deputy Commissioner of Police Milind Mahadeo Dumbere told IANS the woman, Priya Mehra, was travelling in a car along with her husband and son when she was shot at around 4.30 a.m. in Shalimar Bagh in north-west Delhi.

Her husband told police he had borrowed money from someone and alleged the lender was behind the killing as he was unable to pay the amount back.

He had borrowed Rs 5 lakh in a high interest rate and as the debt grew into Rs 40 lakh, he was finding it difficult to pay back.

“There were four assailants in a car, according to the deceased’s husband, and she was shot at twice,” the police officer said.

Dumbere said no one has been arrested yet and the body has been sent to Babu Jagjivan Ram Memorial Hospital (BJRM) Hospital for autopsy.

The family was on the way to their house in Rohini from Kashmere Gate, when the woman was murdered. (IANS)

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Earn More Money- Vastu Tips to impress Lord Kuber

Vastu tips to impress the Lord of Wealth and prosper in life

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Money
Lord Kuber
  • Vastu Shastra plays a significant role in improving your standard of living.
  • Vastu tips like right placement of different materials would help you prosper.

It is important to impress the Lord of Wealth, Kuber for earning more money. However, Lord Kuber does not get easily impressed, you need to work your fingers to the bone.  Science has proven that the traditional Hindu architecture system, Vastu Shastra (science of architect) affects the luck of the individual or the family. It enhances your standard of living.

Below are some Vastu Shastra tips for impressing the Lord of Wealth!

Vastu Tips For Wealth:

  • Place the money Locker in the South or South-West direction
Money
Locker should be in the south or south-west direction. Pixabay

The jewelry and cash kept in the money lockers should always be in the south or south-west direction. It is said that Lord Kuber lives in the northern direction and if, the locker is opened towards the north, the god will shower wealth on it.

(vastu tips for wealth)

  • The money locker should not be placed under a sharp focus light

Money locker being the most important thing of your house, should be kept in a calm space. It cannot be placed under a sharp focus light, as it shows that the family is going through a tough time.

(vastu tips for wealth)

  • Place the locker in front of a mirror

It is stated that keeping a mirror in front of the money locker would double the wealth you have, as the locker’s image gets reflected in it.

(vastu tips for wealth)

  • Position of staircase for prosperity
money
Staircase should not be built in the north-east direction. Wikimedia.

The staircase should not be built in the north-east direction, as this portion attracts the greatest money and money; thus, it needs to be clutter free.

Also Read: Vastu Shastra: Why is it Regarded as the Science of Architecture?

(vastu tips for wealth)

  • Land purchasing

While purchasing a plot of land, one must see that there is no high-rise building or temple in the north-eastern direction as it acts as an obstruction in the flow of wealth. If purchasing a land in such a situation is unavoidable, then you must ensure that the building does not cast a shadow on your land.

(vastu tips for wealth)

  • Tree plantation in the South-West
Money
Tree plantation should be in the south-west. Pixabay

Vastu Shastra Gurus have suggested that planting trees in the South West region would bring good wealth and fortune in the family and prevent mishaps.

(vastu tips for wealth)

  • House should be neat and clean

Ever wondered why people say that Goddess Lakshmi resides in the house of those, who keep their houses clean? Vastu Shastra Experts have suggested that the main entrance of the house must always be clean, as it’s an invitation to Lord Kuber and Goddess Lakshmi.

-by Megha Acharya of NewsGram


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British Government to launch a new one Pound Coin at the end of March and scrap the current one by October

The new 12-sided coin will be legal from March 28

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One pound coin. Wikimedia commons

London, Jan 3, 2017: The British government will launch a new one pound coin at the end of March and scrap the current one by October. An announcement from the British Treasury on Sunday said the new 12-sided one pound coin would become legal tender on March 28 and the new coin would be produced by the Royal Mint in Wales, Xinhua news agency reported.

A total of 1.5 billion coins will be issued in the first minting.

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The new coin has been introduced to deter sophisticated counterfeiters who can now replicate the current coin, which has been in circulation for 30 years.

The new one pound has a distinctive 12-sided shape, recognisable even by touch and it is made of two metals, the outer ring is gold-coloured (nickel-brass) and the inner ring is silver-coloured (nickel-plated alloy).

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And if the coin is tilted it shows a latent image, like a hologram, which changes from a pound sign to the number one.

It will also feature the fifth coinage portrait of Queen Elizabeth II, the world’s longest-serving monarch who began her reign in 1952. (IANS)