Are You a Spendthrift or a Tightwad?
Here’s a test at George Loewenstein’s CMU lab. Via John Tierney.
The future of the “Does money make you happy?” debate lies in individual-level longitudinal studies of the relationship between different consumption patterns, life satisfaction, and various dimensions of positive affect. This is a nice start in thinking about the effects of different patterns of consumption.
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Boy, that was fun…(I can’t wait to find out whether spendthrifts or tightwads are happier…)