TRAVELLING

How much money do you need to be happy?

Money permeates every aspect of our lives, influencing where we choose to live, what we do, where we go to school, what we eat, among other things. Having money frees us from dealing with issues like housing insecurity or an inability to afford medical care.

Yet when I looked into the research on the connection between money and happiness, I found that the relationship between the two is actually quite complicated. It seems that even psychology researchers can disagree on the effect that money has on people’s sense of wellbeing and happiness.

How much money do you need to be happy?

What I did find was that more money often means more happiness, but not always. According to Jon Jachimowicz, a business administration professor at Harvard, the primary benefit of making more money is that it serves as a buffer when negative events in life happen. For example, if you don’t have time to cook, you can order takeout or if a medical emergency occurs, you can swiftly cover the bill.

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“Money is not just a way that people can buy themselves happy moments; it is also a crucial tool for safety, security, and stability,” says Jachimowicz. “Money can help soften the blow of bad times; a lack of money can make even benign things much more distressing and painful.”

While a previous study by Daniel Kahneman and Angus Deaton found that people’s sense of wellbeing plateaued when they made at least $75,000, new research challenged this notion, finding that there was no leveling off effect at $75,000. Put another way, your happiness increases with your income, even if you make above $75,000.

Kahneman and Deaton’s research

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HOTEL

The 5 best hotel apps of 2022

When you are weary from travel, the last thing you want is a complicated app or busy website. All you want is a safe, comfortable place to lay your head, but deciding where to sleep while traveling can be tricky. That is where hotel apps can help: they provide vetted properties at often-discounted rates to help save you money. 

However, not all hotel apps are created the same, and you may find yourself worrying about the legitimacy and effectiveness of these apps. That is why we did the legwork, reviewing today’s apps to find the best hotel apps for your next trip.

Features: Developer: Booking.com B.V. | Compatibility: Android, iPhone, iPad, iPod touch | App Store rating: 4.8 | Google Play rating: 4.6

With over 27 million properties to choose from and 135 million guest reviews, Booking.com is the best hotel app you can use today. It works for several different types of rental properties, including hotels, vacation rentals, homes, and apartments. It is like Airbnb but also includes hotels and other larger properties with access to properties all around the world. It is easy to search whether it is by city, attraction, or the name of a specific hotel. You can also filter by several different factors, including price, amenities, and rating to find the right property that is equipped for all of your needs. 

It is up to you whether you book way in advance or last minute. Either way, Booking.com can help. Even if you do not have a trip in mind, you can sign up for daily deals so you can be the first to hear of exclusive offers. When you are ready to book, you can enjoy the ability to make changes to your reservation and benefit from 24/7 customer service that is available in

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