Leadership Tip

How to buy happiness

Money has little effect on happiness. Epicurus said it and modern empirical psychology confirms it. So why do we have so much trouble accepting this? One reason is that the fact that money doesn’t buy us happiness clashes with the obvious fact that it can do. We just tend to spend poorly. Here are five ways of turning cash into smiles.

  1. Buy your way out of chores you can’t or don’t want to do by hiring other people to do them for you. Start with cleaning, laundry, car repairs, sorting out your taxes and childcare.
     
  2. The leading source of happiness is pleasant social interaction. So spend money to get more of it without wasting hours preparing for it.
     
  3. If you live with others, soundproof your house. Other people’s music, TV and phone conversations are irritating and create needless conflict. Buy some solid wood doors instead.
     
  4. Put less effort into earning more money and more into finding a job that you find enjoyable. Look for jobs with lots of social interaction.
     
  5. Don’t buy things to impress the Joneses. The chances are they’re not paying attention anyway.

The above leadership tip...
was sent in response to a question from a participant on our 10/10 leadership development and mentoring programme. Whether you're a first time manager or an experienced leader, straightforward, practical advice on best practice is hard to find. Until now. To find out how you, your team or your organisation can benefit, please join us on our next complimentary webinar or contact us.

Subscribe

Free weekly email on things you didn't know last week with links to articles on leadership excellence. To view previous editions click here.


Unlock your potential

Whether face to face, or over the telephone, we can develop your leadership skills, support you in making important decisions, and help you reach your potential.

Read More

Leadership Articles

10 steps to happiness in the workplace

To achieve greater happiness at work, you don't need your boss to stop calling you at night. You don't need to make more money. You don't need to follow your dream of being a sommelier, or running a B&B in the Cotswolds. The biggest obstacle to... read more

10 ways to boost your resilience

Resilience is about being able to cope with tough situations and bounce back from difficult experiences. It can help us better deal with traumatic events or times of considerable stress. It doesn’t mean we’ll never face problems again or that we’ll be... read more

10 remarkable habits to instantly spark a relationship with anyone

The secret of success in business and in life is to build strong relationships with others. The faster you build them, the more success you will find. Success in business - and in life - is all about building relationships and trust. When you're in... read more

Leadership Tips

How to get more done

One of the drawbacks of working from home is the amount of distractions at your fingertips, whether it be a full pantry of food or living distractions like family members and pets. The temptation to relax and doing chores are the top two biggest work-... read more

How the best leaders keep an open mind

We often think of great leaders as having the conviction of their beliefs - they’re not pushovers. But the most successful leaders actually show a willingness to be persuaded. How can you do this, particularly on issues where you’re not objective... read more

How to deal with a tough boss

Let's face it, dealing with tough managers has never been an easy task, and it's become exponentially more challenging from a remote-pandemic standpoint. Gone are the days for many of us when we could just pop into a boss's office for clarity on a... read more