Testing, testing!

Here are the results of my latest experiments:

1. Moneybox  is live and kicking, rounding up my expenses and investing the change in shares, gilts and bonds. Click on the link if you want to test it. It is still a beta version, but seems to run smoothly and it is easy to set up.

2. Dollarupload website is working and seems to be a good opportunity for some, but not for me. At the moment I had few tries but my account there is still a big Zero.

3. The brilliant idea of the guys behind the Mondo Card is up, and i am waiting for mine soon. I will make a review after I used it for a while. We are talking about a current account completely managed from your smartphone, with no fee for anything you buy, anywhere in the world. More about it here. We will see what's next!

That's all for today, see you soon.
G.

Give or spend?

Elizabeth Dunn from British Columbia University did an interesting research, measuring happiness before and after the experiment, with everyone from group A giving 20$ to someone from group B, and everyone from group B spending the money on something they wanted but wouldn't spend their money on it.

According to the result, the people from group A had an increase on overall daily happiness, the people from group B had no change or a decrease in their overall daily happiness.

I always allocated 5-10% of my total income to "Give" account, now i find out why is it so important to do that. Some of my friend prefer to donate a part of their time, but each of us can choose the best alternative, as time is money. At the end of the day, who can put a price on happiness?

Another similar experiment, on toddlers this time, showed the same conclusion, that giving make us happy.

(Full experiment here)