Experiences are better than possession

buy-happiness

Which makes you happier: anticipating an experience or a purchase?

Psychologists have known for some time now that so-called “experiential purchases” (when you spend money to experience something, like a Broadway show or a vacation) make people happier than material purchases (like a couch or car). This may seem somewhat counter-intuitive because experiences always end at some point, whereas material purchases last longer. However, it’s well known that people get used to things that are around them every day, and they soon lose their appreciation for even the most expensive couches and cars. But all that’s after the fact; these scientists wondered whether the anticipation of the different types of purchases would also differ. …..[READ]

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