Research suggests buying time can improve personal well-being
Science suggests buying back time, not things, offers lasting happiness and reduced stress.
The only thing you can buy that’s guaranteed to make you happier, backed by science (Photo via Fast Company)
The article argues that while the excitement of new physical items often diminishes due to hedonic adaptation, reclaiming time for personal use can provide lasting benefits.
The piece highlights the common challenge of balancing professional obligations with family life. It notes that individuals often prioritize work tasks because they feel more urgent, frequently at the expense of personal or domestic activities. As a case study, the author cites an entrepreneur who reclaimed two hours per week by outsourcing lawn maintenance, allowing for more time with his family.
The article references a 2010 Princeton University study, which indicated that beyond an annual income of $75,000—a figure that adjusts to over $100,000 when accounting for inflation—additional wealth does not necessarily lead to greater happiness or lower stress levels.
Despite the potential benefits, the author warns that relying too heavily on timesaving services may have drawbacks. Citing researchers, the article notes that excessive outsourcing could negatively impact a person's sense of control by leading them to believe they are incapable of managing daily tasks, which may ultimately reduce overall well-being.