One of the most popular articles from yesterday's New York Times, suggests that people are happier when they spend on experiences and not objects:
One major finding is that spending money for an experience — concert tickets, French lessons, sushi-rolling classes, a hotel room in Monaco — produces longer-lasting satisfaction than spending money on plain old stuff.So what to do? Weekend getaways, massages, and fresh-flowers can do the trick:
"‘It’s better to go on a vacation than buy a new couch’ is basically the idea," says Professor Dunn, summing up research by two fellow psychologists, Leaf Van Boven and Thomas Gilovich.
Scholars have discovered that one way consumers combat hedonic adaptation is to buy many small pleasures instead of one big one. Instead of a new Jaguar, Professor Lyubomirsky advises, buy a massage once a week, have lots of fresh flowers delivered and make phone calls to friends in Europe. Instead of a two-week long vacation, take a few three-day weekends.You can read the entire article at The New York Times here.
image via Viktor Koen/NY Times