Buying Experiences, Not Possessions, Leads To Greater Happiness
Tuesday, February 17, 2009 - 16:56
in Psychology & Sociology
Can money make us happy if we spend it on the right purchases? A new psychology study suggests that buying life experiences rather than material possessions leads to greater happiness for both the consumer and those around them. The study demonstrates that experiential purchases, such as a meal out or theater tickets, result in increased satisfaction and well-being.