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Natural Awakenings

To Get More, Give More: Boost Personal Wealth through Generosity

Nov 26, 2013 12:44PM

Giving away money or spending it on others increases the giver’s sense of personal wealth, according to research by Michael Norton, of Harvard Business School, and co-author Elizabeth Dunn, of the University of British Columbia.

The latest in a series of studies showed that people that support others, from helping with homework to shoveling a neighbor’s driveway, feel that they had more time in general and that giving time away relieved the sense of “not having enough time,” even more than gaining unexpected free time.

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