← The Happiness Lab with Dr. Laurie Santos

Get Happier, Help Others: Some Good Ideas About Giving

Dec 2, 2024 51m 9s 15 insights
<p>It's the season of giving: colorful paper and shiny bows, sure, and charitable giving, too. In this special episode, Jacob Goldstein, the host of <a href="https://podcasts.apple.com/us/podcast/whats-your-problem/id1602541473">What's Your Problem</a>, gets smart about donating.</p> <p>Did you know that spending money on others makes you happier than spending money on yourself? Or that altruistic nerds have discovered four of the most impactful charities in the world (per dollar spent)? Have you ever wondered how poker players think about giving?</p> <p>Dr. Laurie Santos from The Happiness Lab, Elie Hassenfeld of GiveWell, and Nate Silver and Maria Konnikova from Risky Business talk about how to maximize your giving – and why you’ll be happy you did.</p> <p>Link to donate: <a href="https://givingmultiplier.org/happinesslab">https://givingmultiplier.org/happinesslab</a></p> <p>Listen to <a href="https://podcasts.apple.com/us/podcast/the-happiness-lab-with-dr-laurie-santos/id1474245040">The Happiness Lab with Dr. Laurie Santos</a> </p> <p>Listen to <a href="https://podcasts.apple.com/us/podcast/risky-business-with-nate-silver-and-maria-konnikova/id1743213122">Risky Business</a></p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>
Actionable Insights

1. Give for Personal Happiness

Spend money on a good charity instead of on yourself, as research shows this makes givers feel happier than they expect. This also creates a “win-win” by increasing happiness for both the giver and the recipient.

2. Prioritize Global Health Impact

Focus charitable giving on global health programs in low-income countries, as they offer significantly higher impact per dollar (e.g., saving a child’s life for $5,000) compared to many domestic programs.

3. Reduce Giving Friction

Actively reduce the effort required for acts of kindness and charitable giving, such as using organized meal trains or platforms like givingmultiplier.org/happinesslab, to overcome barriers and make generosity easier.

4. Cultivate Kindness Habit

Practice doing nice things regularly to make generosity a habit, which will reduce friction over time and make it easier to consistently engage in pro-social behavior.

5. Seek Visible Giving Impact

When donating to charity, choose organizations or methods that allow you to see the impact of your contribution, as this can boost your own happiness and sense of fulfillment.

6. Don’t Overthink Kindness

Avoid overthinking acts of kindness or compliments; recipients typically appreciate the gesture far more than givers anticipate, leading to unexpected positive reactions.

7. Give More Compliments

Actively express compliments you think in your head, as they are usually well-received and make people’s day, releasing a lot of positivity that often remains unsaid.

8. Ask for Desired Gifts

When giving gifts, ask recipients directly what they want, as this is the most effective way to ensure they receive a desired item and maximize their happiness.

9. Adopt Metrics-Driven Giving

Approach charitable giving with a mindset that acknowledges potential for error, seeks to learn, and continuously improves by demanding evidence of strong impact from organizations.

10. Consider Psychological Value

When making decisions, including charitable giving, evaluate not only the monetary expected value but also psychological factors such as personal feelings, regret, and satisfaction.

11. Donate to Personal Causes

Give to charitable causes you feel a strong personal connection to, as this can increase your motivation and satisfaction, even if other causes might have a higher “objective” impact.

12. Practice Immediate Generosity

If abstract charitable giving feels less satisfying, engage in more immediate and visible acts of generosity, such as tipping well or buying meals for friends, for a more tangible psychological reward.

13. Find Giving Role Models

Seek out role models for charitable giving, as observing others’ generosity, especially those who give despite limited means, can psychologically motivate you to increase your own giving.

14. Value Small Donations

Do not underestimate the power of small donations; even a few hundred dollars can make a significant difference when directed to highly effective charities.

15. Listen to 10 Happier

Tune into the “10 Happier” podcast weekly to gain ancient wisdom, modern science, and humor, which can help you improve your overall well-being and actions.