It turns out money can make you happy - if you spend it on the right things.

Recent consumer research has shown that people feel happier spending their money on experiences rather than on material objects.

This intuitively makes sense. If I think back on my most memorable purchases this past summer, they’re all highly relational: holding my wife’s hand in Paris for eight days; attending an Arcade Fire concert together; sharing an outstanding meal with friends; swimming laps with my son at the…  [more]