The Ideal Budget for Happy Spending

Of course, money doesn’t buy happiness.

But how you choose to spend your money can have an impact on your satisfaction.

A psychologist who studies the link between spending and happiness revealed the ideal budget of happer spenders.

LearnVest interviewed assistant professor of psychology at San Francisco State University, Dr. Ryan T. Howell.

Howell also founded a web site calledBeyond the Purchase, which studies the psychology behind spending.

They take about 12% and earmark it for charities, religious organizations or gifts for other people.

And they spend about 40% on meaningful life experiences.

Those are the three most salient characteristics of happy spenders.

For more detail, check out the full post.

Secrets of a Psychologist: How to Train Your Brain to Make Smarter Money Moves| LearnVest

Photo byDavid Fulmer.