The Holiday season is upon us, and it’s always a conflicting time of year… On the one hand, the joy of reconnecting with friends and family is totally worth the extra effort. However, it can also be a very expensive time of year. Black Friday is just around the corner, and Holiday shopping takes a toll on most people’s wallets…
But spending on gifts also has an upside… There are even studies that demonstrate that spending on others improves your happiness more than spending on yourself!
Self-Image
Spending on others reminds us that we’re kind-hearted, generous and selfless. It all starts when we take the time to think of what others want. This gives us much-needed perspective and allows us to understand those around us.
Bonding
Exchanging gifts creates lasting bonds, especially when they’re memorable, well-thought-out gifts. We’re willing to bet you’ve gotten certain gifts that stand out from others because of who gave them, and the thought that went into it!
In short, gift-giving is probably much less of a pain in the grand scheme of things than you’re thinking now. Sure, the impact on your wallet will be felt for a few weeks, but the joy will last a lifetime if you play your cards right! Plus, it turns out you don’t have to spend much… Researchers from the University of British Columbia found that spending even just a few dollars on a really thoughtful gift can make all the difference in terms of impact and happiness.