Figures released by the National Statistics Office in early February show that in recent years the people of England have become more anxious and unhappy even though their income and wealth have increased significantly. Experts have pointed out the following factors that influence a person’s happiness.

What you use your money for or for what purpose can say plays an important role in your happiness. Spending money on unhealthy habits will definitely put you and your loved ones in adversity. In addition, buying furniture and materials will not necessarily bring you long-term happiness, while spending money to have life experiences.

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What you use your money for or for what purpose can say plays an important role in your happiness. Spending money on unhealthy habits will definitely put you and your loved ones in adversity. In addition, buying furniture and materials will not necessarily bring you long-term happiness, while spending money to have life experiences.

That’s the opinion of Mr. Eoin McGeee, Director of Prosperity Financial Planning and financial advisor on the proper use of money of RTE company. Because experience has a greater positive emotional effect on material wealth.

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Another way, McGee says, money can ‘buy’ happiness is if you spend part of your money on someone else. If you spend even a little money every day for the person you love can significantly increase your happiness.

Nowadays, many people get rich working on money but are poor in time. The lack of free time can adversely affect health and well-being. According to Dr. Ashley Willans, Associate Professor of Harvard Business School, when making decisions about money and time, it is important to think about the consequences of these decisions on your long-term happiness.

“If you choose a job that earns a lot of money but must work 80 hours a week, your long-term personal relationships and happiness can be compromised. And for many years, the negative impact of such big decisions in life has increased, ”Mr. Whillans said.

So one way to tackle this challenge is to make smart choices like spending the money you earn to ‘buy’ a happier time. Not only does that mean taking more holidays, but Whillans says you should use your money the right way to ease the burden of the day’s work.