Money can buy happiness. What would bring you greater, longer-lasting happiness: purchasing an expensive item you've been eyeing or honking the vacation you've been dreaming about?
New things are exciting to us at first, but then we adapt to them. Over time, he satisfaction with material objects decreased. Even though new cars may make us happy in the short-term, the freshness quickly wears off.
Spending money on experiences — travel, outdoor activities, concerts, classes, movies — brings us more joy than buying material things. One reason is that our experiences are a bigger part of our identity than our possessions. You can really like your material stuff, you can even think that part of your identity is connected to those things, In contrast, your experiences really are part of you. We are the sum total of our experiences.
Another reason we value experience even after they're over is that even negative experiences can become positive over time. Why? Because even unpleasant experiences can later become funny stories or be looked at as character-building opportunities.
Shared experiences are also looked upon me favorably because they connect us to others more than shared consumption does. We feel more connected to people who have also backpacked through Europe than people who happen to have purchased the same iPhone.
A. But how you spend it matters.
B. Yet they remain separate from you.
C. You could use the material item every day.
D. One of the enemie s of happiness is adaptation.
E. Just talking about them made their evaluation improve.
F. Spending money on experiential purchases makes people more generous.
G. If weighing your options, buying experience promises promotion of well being.