{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/68c7e32f666ba430d6a7547c/68e50b3fde9a2a62c4136f90?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Happy Money — Elizabeth Dunn & Michael Norton","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/68c7e32f666ba430d6a7547c/1759840193381-96817371-0cab-47cd-959a-30ebd44c3118.jpeg?height=200","description":"<p>In this episode of Summed, we deliver a complete <em>Happy Money</em> summary—a research-backed guide to spending for greater happiness. Psychologists Elizabeth Dunn (University of British Columbia) and Michael Norton (Harvard Business School) distill five principles—Buy Experiences, Make It a Treat, Buy Time, Pay Now/Consume Later, and Invest in Others, showing how to redirect the same dollars toward more joy, less stress, and better relationships. In ~20 minutes, you’ll learn practical ways to design your budget for well-being without spending more.</p><p><br></p><p><strong>About the authors</strong></p><ul><li>Elizabeth Dunn, PhD — Social psychologist whose research explores how money and choices affect happiness.</li><li>Michael Norton, PhD — Behavioral scientist at Harvard Business School focused on spending, giving, and satisfaction.</li></ul><p><br></p><p><strong>Key takeaways</strong></p><ul><li>Buy Experiences: trips, classes, and shared moments outlast stuff.</li><li>Make It a Treat: scarcity boosts appreciation—rotate indulgences.</li><li>Buy Time: trade money for time (shorter commutes, outsourcing chores).</li><li>Pay Now, Consume Later: prepay to enjoy the anticipation; avoid debt drag.</li><li>Invest in Others: spending on people and causes reliably lifts happiness.</li><li>Same budget, better life: it’s <em>allocation</em>, not income, that often moves the needle.</li></ul><p><br></p><p><strong>This week’s playbook</strong></p><ol><li>Swap one material purchase for an experience you’ll share with someone.</li><li>Set a treat cadence (e.g., weekly coffee out) and keep it special.</li><li>Buy an hour back: outsource one dreaded task and use the time intentionally.</li><li>Prepay an upcoming event; block the date and enjoy the countdown.</li><li>Send a surprise gift/donation—small, specific, and personal.</li></ol><p><br></p>","author_name":"Summed Podcast "}