17 Jul '17, 1am

Want to be happy? Buy experiences, not things

Want to be happy? Buy experiences, not things

What would bring you greater, longer-lasting happiness: purchasing an expensive item you've been eyeing — a bigger TV, a new couch, the latest smartphone — or booking that vacation you've been dreaming about? You could use the material item every day, and you wouldn't have to wait very long for it — you could buy it today. That vacation on the other hand would be months away, and once it's over, all you'll have left are memories, photographs and maybe a souvenir. If you weigh your options this way, it's logical to assume you'd derive the most pleasure from making the quick purchase — but according to science, that assumption is wrong. "One of the enemies of happiness is adaptation," Thomas Gilovich, a psychology professor at Cornell University, told Fast Company . "We buy things to make us happy, and we succeed, but only for a while. New things are exciting to us at first,...

Full article: https://www.mnn.com/money/personal-finance/stories/want-t...

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