How I Broke Free from Penny-Pinching and Discovered the Secret to True Financial Joy
It was a revelation that saving need not be a path of self-denial.
5) Embracing the joy of giving
Here’s something you might not know.
Studies have shown that spending money on others can significantly increase your happiness levels. It’s a phenomenon known as ‘prosocial spending.’
In my years of penny-pinching, I had overlooked this aspect completely. I was so focused on amassing wealth for myself that I forgot the joy that comes from sharing.
So, I decided to change that.
I started allocating a part of my budget towards giving – whether it was buying a thoughtful gift for a friend, donating to a cause I believed in, or simply treating my family to a meal.