Want to be happier? Spend money on holidays, classes, and other events. Research shows that experiences are the much better buy — if you’re looking to maximise the happiness for your dollars. In a study of over a thousand Americans, people were asked to think about a material and experiential purchase they made with the hope of increasing their happiness. When they thought on which one made them happier, 57% of them said that the experiential buy gave them more happiness. Only 34% of respondents said material purchases make them happier.
Via Soraia Ferreira, Ph.D.