Money can actually make a person happier if the spending matches one's personality.
People who made purchases that matched their personality felt happier.
Scientists have found that the consistency of spending is more important for a person's happiness than the effect of total income, according to an article in the journal Psychological Science .
The study found that participants' actual purchases were more likely to match their personalities. People liked to spend money on products that matched their personalities.
However, a weak link was found between money and overall well-being.
Spending money on products that help a person express himself as an individual is an important factor in well-being.
Scientists want to uncover the subtle links between spending and happiness to provide more accurate advice on how to stay happy through everyday consumer choices.
