We have lots of discussions about how to get people to save more, which is clearly important.
But today I want to ask a question about spending money: Assume you had $20,000 to spend (and that you could not save it), what would be the ideal way to spend it? In other words, what would be the way to spend this sum if your goal was to get the most joy and happiness out of this amount?
I am not asking because I have an answer, or even an idea of how to do research on this — I am asking because I really don’t know.
So — any input will be welcomed…