The Buying Happiness app allows users to enter purchases and categorize them (e.g. “Spending time with family or friends,” “Giving/Charity,” “Saving or Investing,” “Travel”), and then follows up over time and asks users to rate how much happier their previous purchases have made them. The app compiles these data into simple graphs about how each spending category relates to a user’s happiness over time. Individuals can use this information to adjust their future spending, and thereby shape their financial futures, in ways that increase their well-being. Users can share their individual data with family and friends, and can view aggregate data on other users. This app is designed to add to the financial capability field by drawing the broader issue of people’s well-being into the discussion about how Americans manage their money.

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