Every day, we are confronted with choices about how to spend our money. Whether it’s thinking about picking up the tab at a group lunch or when a charity calls asking for a donation, we are faced with the decision to behave generously or not.
Research suggests that spending money on others can improve happiness, but can it also improve your physical health?
There is some evidence that donating time can improve physical health, but no one has looked at whether donating money has the same effect. (Looking for more healthy tips? Check out Paper Tiger’s healthy holiday hacks below. Post continues after video.)
So my colleagues and I at the University of British Columbia decided to conduct an experiment to find out if spending money on others could lower blood pressure, which will be published in the journal Health Psychology in December.
Helpful people might be healthier
A 1999 study examining whether volunteering had an effect on mortality provided initial evidence for an association between helping others and physical health. In the study, adults age 55 and older reported how many organizations they helped, how many hours they spent volunteering, and then underwent a physical exam.
Researchers controlled for several factors, including how healthy participants were when the study began and their available social support. After five years the adults who reported providing more help to others were 44% more likely to be alive. (Post continues after gallery.)