Thursday, July 17, 2008

Splurging Is Good for Your Health


Please tell me you are kidding.

Buying overpriced indulgences may feel good in the short term, but you pay the price later. Or at least that's the conventional wisdom.

A recently published study by a couple of business school professors says splurging now makes you happier later. Something even more surprising was noted, that controlling the splurging now gives you pangs of regret later.

I would caution you to take this study with a grain of salt, since it explored the regret felt by college students over their conduct on recent winter breaks and by alumni remembering winter breaks of 40 years ago. This is a typical article that oozes of junk science.

After one recieves budget training early in life, it will allow you live like no one else and travel first class.

Photo credit: Abitibi

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