What Science Says About How You Should Use Credit Cards To Be Happier
What Science Says About How You Should Use Credit Cards To Be Happier Some people say you can’t buy happiness with money. But such a blanket statement rarely holds true without qualifications. In fact, in many situations, money can definitely get you a lot closer to happiness. Decades of research have shown that, while money in of itself does not cause happiness, how you spend money can indeed have positive effects on your psychology. In Singapore, credit cards are widely accepted and are effectively equivalent to money. Not only that, credit cards can be even better than cash as they can often earn rewards for people in form of cash back or airline miles. If you’re already getting the best dollar value out of your credit card rewards, here are some research-backed ways you can squeeze more delight out of your next redemption. Sure you can’t redeem credit card rewards for happiness, but they can definitely get you a lot closer. It’s science. Make Other People Happy It is scientifically proven: giving is better than receiving. According to a study from Stanford, the most satisfying way of using money is to “invest in others.” The term “invest” here is used [...]
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