All The Money In The World By Laura Vanderkam

All The Money In The World touches on many different ways to procure happiness. Ultimately, the book can be summarized by this: save and budget more than you think, try to live minimally and cut excess spending where you can.

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KEY TAKEAWAYS:

• “I’d like to live as a poor man with lots of money.” -Pablo Picasso

• Research finds that small, frequent gestures have a greater impact on our overall well-being than bigger, infrequent events.

• “As long as money is limited by its failure to grow on trees, we may be better off devoting our finite financial resources to purchasing frequent doses of lovely things rather than in frequent doses of lovelier things.”

• Across many different domains, happiness is more strongly associated with the frequency than the intensity of people’s positive affective experiences.

• Vacation anticipation boosted happiness levels for eight weeks—an argument for planning more shorter trips rather than a few longer ones.

• A variety of studies find that we enjoy exercise more in the fresh air and are more likely to repeat it.

• In 2010, the median house price in the United States was $221,800, and the U.S Department of Agriculture produced a report claiming that it costs $222,360 to raise a child to age 18.

• People who kept working past retirement age in any field had fewer diseases and functional limitations, and those who kept working in the same field as they had before had better mental health outcomes.

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