Finding minimalism in a world of consumerism.
Our lives are so cram packed full of work, food shopping, pressure to squeeze in exercise, cutting the lawn, babysitting for grandchildren, cleaning the house or car, looking after elderly relatives…. All these distract us from having time out to focus on our own wellbeing and happiness.
A new study has found that paying to free up your time is linked to increasing your level of happiness. Stress over not having enough time can lead to reduced well-being, as well as being a contributing factor in conditions such as insomnia and anxiety. However, it has been reported that even the wealthiest people are generally unwilling to pay others to carry out tasks they dislike.
The study, carried out by psychologists in the US, Canada and the Netherlands, looked at whether using money to free up time can counteract this stress.
Over 6, adults — in these three countries and Denmark — including millionaires — were questioned about how they spent their money on buying time.
Whilst those who did so said that they felt a greater sense of satisfaction in their lives, less than one in three reported spending money to buy themselves time on a monthly basis. This then led to a two-week experiment taking place in Vancouver, Canada.
Purchases included for example, having lunch delivered to work, paying for cleaning services, or even paying children in their neighbourhood to run errands.
On the second weekend, the participants were told to spend the money on material goods, with purchases including wine, books and clothes.
The researchers found that the time saved reduced feelings of time stress, increasing happiness more effectively than the material purchases.
The study backs up previous research that concluded those who prioritise time over money are generally happier than those who prioritise money over time.
Submit a Comment Your email address will not be published.Materialism has become a trend in our society. Just look at the constant, growing fixation on earning more money and owning material goods. At the same time, we are now materially better off than we have been, looking at our all-time high consumption of mobile phones, computers, and cars.
PDF Happiness and Freedom in Socrates and Callicles Kristian Urstad. Callicles holds a desire-fulfilment conception of happiness; it is something like, that is, the continual satisfaction of desires that constitutes happiness for him. Although our society tends to praise the pursuit of experiences (Van Boven & Gilovich, ) and criticize the pursuit of material goods (Van Boven et al., ), the pursuit of material goods should not be overlooked as a route to happiness for those who currently possess very little.
But when it comes to negative purchases (a disappointing sofa, a bad vacation), their research shows that experiences decrease happiness more than material goods.
Utilitarianism is an ethical theory that states that the best action is the one that maximizes utility. "Utility" is defined in various ways, usually in terms of the well-being of sentient entities. Jeremy Bentham, the founder of utilitarianism, described utility as the sum of all pleasure that results from an action, minus the suffering of anyone involved .
Findings from an experiment suggests that using money to free-up your time will lead to more happiness than material goods. The surprising study via the Proceedings of the National Academy of. Spend on experiences, not things. Material goods may last longer, but a San Francisco State University study shows that life experiences—like trips, fancy dinners, and spa treatments. Utilitarianism is an ethical theory that states that the best action is the one that maximizes utility. "Utility" is defined in various ways, usually in terms of the well-being of sentient entities. Jeremy Bentham, the founder of utilitarianism, described utility as the sum of all pleasure that results from an action, minus the suffering of anyone involved .
In my experience, most people find their happiness within the bottom three tiers of Maslow’s Hierarchy. Why? Because they rarely push themselves to grow in the areas of the top three tiers.