The Science Of Why You Should Spend Your Money On Experiences, Not Things. Most people are in the pursuit of happiness.
There are economists who think happiness is the best indicator of the health of a society. We know that money can make you happier, though after your basic needs are met, it doesn't make you that much happier. But one of the biggest questions is how to allocate our money, which is (for most of us) a limited resource. There's a very logical assumption that most people make when spending their money: that because a physical object will last longer, it will make us happier for a longer time than a one-off experience like a concert or vacation. According to recent research, it turns out that assumption is completely wrong. "One of the enemies of happiness is adaptation," says Dr. So rather than buying the latest iPhone or a new BMW, Gilovich suggests you'll get more happiness spending money on experiences like going to art exhibits, doing outdoor activities, learning a new skill, or traveling. [Top Photo: Justin Lewis/Getty Images]
12 Ways to Stop Wasting Money and Take Control of Your Stuff. In my work as a consumer psychologist and author, I’ve read countless studies about consumer behavior, and I’ve conducted plenty of research on my own, interviewing hundreds of shoppers about how, when, and why they shop.
Here’s what I’ve learned about how to avoid piling up too much stuff and how to stop making unnecessary, excessive, and ultimately unsatisfying purchases. Do an inventory check. Jenna Suhl, who has worked as a wardrobe stylist in San Francisco for more than a decade, told me, “It’s not uncommon for people to buy new things because they have so much they can’t see what they already have.”
Suhl recommends weeding out what’s worn, ill-fitting, unmatchable, or a style that no longer suits. That’s not only true for clothing and accessories, but also tools, household products, and knickknacks. Buy good quality—and use it. Count your blessings. Turn off the temptation. Play the waiting game. The Number of Children That Makes Parents Happiest.
For happiness: when you should have children and how many.
First and second children provide parents a boost in happiness up to a year before they are born but the third does not, new research finds. The increase in happiness lasts around one year from birth, after which some parents’ happiness returns to its usual pre-baby levels. Comparison. Negative Thoughts. Fear Of Missing Out.
12 Little Habits that Stole Your Happiness Last Year. This is a new year.
A new beginning. And things will change. Are you tired of dealing with the same type of headaches and heartaches over and over and over again? Seriously, it’s time to purge some bad habits as we begin a New Year. 10 Things You Do NOT Need to Be Happier in Life. Saying yes to happiness means learning to say no to the desires that drain you.
They say a person needs just three things to be truly happy in this world: someone to love, something to do, and something to hope for. I don’t think anything could be closer to the truth, and yet all too often we find ways of complicating things for ourselves. We look for happiness where it does not exist – in shallow goals and desires – in possessions, quick thrills, and impressing the wrong people. Angel and I were recently reminded of this when we met a family of six staying at a hotel in Miami where we were vacationing. We saw them hanging out in the lobby, sharing stories and laughing hysterically. Talk about a wake-up call. And there are many other sources of true happiness as well. With this in mind, consider the ten goals and desires (traps) below and how they may be holding you back. So say it out loud with me: “To be happier, I do NOT need…” Afterthoughts Your turn… 9 Things That Shopping Can Never Deliver.