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Money can buy happiness

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The English pop group the Beatles told us that money can't buy us love. Many people believe that money cannot buy happiness and that it is the root of all evil. However, a new study from Cambridge University says that money can buy happiness. Researchers did a study that compared the spending habits of customers of a bank with their personality. They compared the personalities of 625 people with a list of what the people spent their money on. The conclusion of the study was that buying the right things can lead to happiness.

The researchers said the study may change the way people think about money and happiness. They said: "Spending can increase our happiness when it is spent on goods and services that fit our personalities". Internet companies could use information about people's happiness to recommend things that increase happiness. Spending money could be more important in our lives than we thought. The researchers said: "Spending money on products that help us express who we are could…be as important to our well-being as finding the right job…or even the right friends."