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Money can鈥檛 buy happiness, but giving it away might

University professor looks at the effects being generous and charitable has on our emotional wellbeing.

4 min read
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As head of the Helping and Happiness Lab at Simon Fraser University, Dr. Lara Aknin researches the effect giving away even small amounts of money has on out happiness levels.


As a young child, Dr. Lara Aknin would daydream about ways that she could help other people.

鈥淚 remember I was eight years old, and it was my parents鈥 anniversary, and I would lay awake at night thinking of all the magical ways I could spend the $5 in my piggy bank,鈥 she said. 鈥淚 thought maybe I could arrange for a babysitter, and they could go out for dinner. Clearly, I had no idea of the value of a dollar at that point.鈥

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