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Spending Money

You can spend money on five things: buying stuff, buying experiences, buying time, giving it away, or saving it. Research shows that four of these choices contribute to long-term happiness. Investing in experiences creates lasting memories, while buying time by delegating tasks can reduce stress. Giving money away fosters a sense of purpose, and saving it provides future financial security. 

On the other hand, buying stuff often fails to bring long lasting satisfaction, as material possessions can quickly lose their charm. Choose wisely, and let your spending guide you toward a fulfilling and joyful life.

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