These money experts say you can buy happiness. There are some red flags to look out for, though.

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The saying, "Money cannot buy happiness," is wrong. It absolutely can.

Research shows that spending our money on experiences rather than material possessions is more likely to make us happy.

We should reword the maxim to: "If money doesn't buy you happiness, you're spending it the wrong way."

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We created this video in partnership with @MillionStoriesMedia.

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