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Giving Away Cash Makes You Happy... and Transforms Lives

Giving Away Cash Makes You Happy... and Transforms Lives

FromThe Happiness Lab with Dr. Laurie Santos


Giving Away Cash Makes You Happy... and Transforms Lives

FromThe Happiness Lab with Dr. Laurie Santos

ratings:
Length:
28 minutes
Released:
Nov 27, 2023
Format:
Podcast episode

Description

YOU can boost your happiness and transform the lives of people in one African village with a cash gift by going to givedirectly.org/happiness
Giving money to others makes you happier than spending the same cash on yourself. That's been proved by science. But new research also shows that giving people in need cold hard cash is an amazing way to help them improve their lives. We explore why trusting people to help themselves is a cheaper and more effective way to solve poverty - and hear about Kibobo in Rwanda, where any money you donate will have a huge impact.   
Read more about Kibobo at givedirectly.org/happiness  
Former British politician Rory Stewart used to manage billions of dollars in aid money - and like other international donors thought poor people needed to be told what to do with charitable gifts. He was shocked how effective no-strings-attached cash turned out to be, and now promotes "giving directly". He was also surprised how good giving away even small amounts of money made him feel.  See omnystudio.com/listener for privacy information.
Released:
Nov 27, 2023
Format:
Podcast episode

Titles in the series (100)

You might think you know what it takes to lead a happier life… more money, a better job, or Instagram-worthy vacations. You’re dead wrong. Yale professor Dr. Laurie Santos has studied the science of happiness and found that many of us do the exact opposite of what will truly make our lives better. Based on the psychology course she teaches at Yale--the most popular class in the university’s 300-year history--Laurie will take you through the latest scientific research and share some surprising and inspiring stories that will change the way you think about happiness. For an even deeper dive into the research we talk about in the show and to sign up to our newsletter visit: happinesslab.fm