Money Creates Happiness When You Give it Away

From The Money Student.

As Christmas season descends upon us like a swarm chattering reindeer, news becomes scarcer and scarcer. Universities close up shop until the new year, so researchers have fewer and fewer studies to release. I've had to scrounge extra hard to find the news today, and I suspect that this trend will continue over the next few weeks. I may have to take a break, simply because I have nothing to post!

That's why today's news is a little bit on the stale side, but what the heck, let's post it anyway:  the Marblehead Reporter reports on a 2008 study by Harvard and the University of British Columbia that shows people are happier when giving money away. This effect happens across all income levels.

The Marblehead goes on to say that, on average, Republicans give more than Democrats, women give more than men, and the Bible belt gives more than other parts of America.

Hmm, that's about it for today's news. I told you it would be skimpy! Maybe in the next few days I can figure out something to post when there's no news. Until then, you can check out my more comprehensive post on the link between generosity and happiness.