“Want to Be Happier? Spend Some Money on Avoiding Household Chores”
“New research finds that we’d all be much happier and healthier campers if we eased up on the cooking, scrubbing, and grocery shopping and instead threw a little money at these problems.
“We feel like we don’t have enough time to do everything we want to do, and that makes us feel like we’re unable to cope with the demands in our everyday life,” says Harvard Business School Assistant Professor Ashley V. Whillans, who studies how people navigate trade-offs between time and money. “We know that buying into positive experiences — like the movies — is a good predictor of daily happiness. This is one of the first studies to look at buying our way out of the negative moments in the day as another key to happiness.”
As incomes have risen in many countries over recent decades, more people have reported greater “time scarcity.” Those who feel time stress show signs of lower life satisfaction, including more anxiety, poorer eating and exercise habits, and increased insomnia.”
https://hbswk.hbs.edu/item/want-to-be-happier-spend-some-money-on-avoiding-household-chores
Related: “Time in the bank: A Stanford plan to save doctors from burnout”
