steady

Happiness · Money, spent right

Book the experience, not the thing

Next time there's spare money: a trip, a match, a course, a meal with people. Not the gadget.

no timeEvidence: decent

Asked about a purchase that made them happier, people pick experiences over things roughly two to one, and the gap held in the smaller lab studies too. Evidence: decent

Why: you get used to a thing; it just sits there. An experience is over before you can get used to it, it gets better in the retelling, and it usually came with people. That last part does most of the work.

Most of the evidence is what people say, not what they lived. Still the safest bet with a spare few hundred.

Source: Van Boven and Gilovich, 2003, Journal of Personality and Social Psychology (link)

Same theme: Money, spent right

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