Many people who could benefit from psychotherapy don’t begin or stay in treatment because they think it’s too expensive. However, recent changes in the healthcare spectrum mean there are more options than ever before; insurance reimbursement for telecounseling makes it so that almost anyone can afford therapy.

Beyond its current affordability, a UK study found that psychotherapy is actually 32 times more effective at making you happy than money: a $1600 course of therapy had a happiness-equivalent of receiving a $50,000 raise. Based on their findings, it could be inferred that compared to therapy, money is a relatively inefficient way of achieving happiness.

The WHO estimates that depression is the leading cause of disability worldwide;  even nations which have experienced enormous economic growth have not seen concurrent increases in national happiness. This recent research suggests that in order to improve the national mood, nations would do better by expanding access to mental health care than concentrating on economic gains.

A penny saved is a penny earned — unless you spend it on therapy, in which case it is the happiness-equivalent of 32 cents.