How to buy happiness

According to Daniel Gilbert and others in the Journal of Consumer Psychology:

  1. Buy more experiences and fewer material goods
  2. Use your money to benefit others rather than yourself
  3. Buy many small pleasures rather than fewer large ones
  4. Eschew extended warranties and other forms of overpriced insurance
  5. Delay consumption
  6. Consider how peripheral features of your purchases may affect your day-to-day life
  7. Beware of comparison shopping
  8. Pay close attention to the happiness of others

The paper goes into more detail and gives good examples…interesting stuff.