Time and money are limited resources. If you have to choose between experiences and material items, you’re better off buying the experience. Let’s find out why.
You Become Happier With Experiences Over Time
According to Dr. Thomas Gilovich, a psychology professor at Cornell, humans become more satisfied with positive experiences over time. Think back to a recent vacation with family or friends. How do the memories make you feel? Our brains naturally filter out the challenges and focus on happiness.
Unlike possessions, which depreciate over time, memories of your vacations will never decline in value. Each trip holds a unique place in your heart. Remember scuba diving in the Caribbean? That romantic dinner in Paris? The Disney cruise that had the whole family entertained? Just take a look at pictures from your vacation, and you’ll feel the rush of excitement and gratitude.
You Quickly Adapt to Material Goods, Becoming Less Satisfied
Unlike amazing experiences, you don’t become happier with material objects over time. Don’t get me wrong—everyone knows the initial rush of excitement when you open up a new, cutting-edge gadget. You feel so cool knowing you have the latest model.
But then, you adapt. It may take days. Maybe even weeks. But it always happens. Your exciting new car becomes just another mode of transportation. Soon, your neighbor might buy a faster, more luxurious model, and you’ll no longer get the same enjoyment from your once-exciting purchase. Many of us have experienced this pattern before. Material goods become just another part of our routine. Plus, unlike experiences, which last a lifetime, material objects lose value the moment you bring them home.
Prioritizing Experiences Helps Cut Back on Clutter
Experiences are great because they don’t take up any space. Unlike the barely-used exercise equipment or the pair of pants you’ve never worn, an unforgettable experience won’t clutter your home.
Experiences Connect You With Loved Ones
Shared experiences are the bonds that hold relationships together. Whether you cheer on your favorite sports team with your daughters, go island-hopping in the Mediterranean, or have the trip of a lifetime with your spouse, the memories will bring you closer to the ones you love. Unlike material items, which typically only one person can use at a time, experiences are great because multiple people can enjoy them at the same time. In fact, the more people involved, the better!
When it comes to experiences versus things, the answer is clear. A great shared experience, such as an unforgettable vacation, is the best way to create lasting memories. For the best traveling experience possible, consider working with a knowledgeable travel agent who can make your getaway as sensational and seamless as possible.
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