U5Listening1DaveMartin:HelloandwelcometoMoneyMatters
I’myourhost,DaveMartin
Tonightwe’reveryluckytohaveDr
ReginaSimmonsoftheSimmonsInstituteherewithustotalkaboutmoneyandhappiness
Asusual,we’llbetakingcallsfromyou,thelisteners
IfyouhaveaquestionforDr
Simmons,pleasecallin
Goodevening,Dr
Simmons
Simmons:Goodevening,Dave
It’sgreattobehere
DaveMartin:Thepleasure’sours
Simmons,letmestartbyaskingyouthisquestion:What’stherelationshipbetweenmoneyandhappiness
Simmons:Well,Dave,arecentstudybypsychologistElizabethDunnattheUniversityofBritishColumbiaseemstoshowthat—formostofus—whatmakesushappyisgivingmoneyaway,notspendingitonourselves
That’swhatDunnsaidinarecentinterviewwithNationalGeographic
DaveMartin:Really
Howdidshediscoverthat
Simmons:Well,itwaswhenDr
Dunnstartedmakingmoremoney—uh,when