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5 Reasons Why Experiences Make You Happier Than Possessions

5 Reasons Why Experiences Make You Happier Than Possessions

Ask anyone what their ultimate goal in life is and most people will tell you they want to be happy. Happiness is something we all strive to find. We believe that we will only be happy once we achieve certain things like buying the perfect house, getting married or making a load of money. For most of us money is a limited resource and what we spend our money on is what should ultimately make us happy.

It’s a great misconception that having more money will make us happier. Many studies have found that reaching a goal of wealth does make us happy but that our happiness quickly decreases thereafter. Material possessions are rife in this day and age of advancing technology and we tend to want to spend our hard-earned cash on the latest smartphones, computers or cars.

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Given a choice between spending our money on possessions or some sort of experience, most people will opt for the latest gadget believing that it will make them happier in the long-run. After all, a new phone will last a lot longer than a three week holiday to New Zealand, right? Well that’s where you may be wrong and here’s five reasons why.

1. We Adapt To Possessions Quickly

Ever bought something and felt that happiness high? You think that thing is the best thing in the world in that moment, but six months down the line will you still feel the same about it? Probably not. The problem is, as humans, we are made to adapt to things. Dr. Thomas Gilovich, a psychologist from Cornell University has done extensive research in the link between money and happiness. He has found that the enemy of happiness is adaptation and we can get bored of things very easily, especially with possessions that we have less emotional attachment to. Gilovich’s studies have therefore found that money buys happiness, but only up to a point.

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2. Possessions Foster Comparisons With Others

You are much less prone to negatively compare your own experiences to someone else’s than you would with material purchases. Envy can be created through comparisons about material wealth, leading to the harbouring of negativity towards others. Experiences don’t seem to have the same effect – more people tend to be fascinated rather than envious of travel, compared to what somebody owns. This is because it’s hard to quantify the relative value of any two experiences as they are very individual, therefore, jealousy and envy aren’t as much of an issue.

3. Experiences Form Our Identity

What forms our identity is not what car we drive, what latest smartphone we have or the fashionable clothes in our wardrobes. Our identity is made up of an accumulation of everything we’ve seen, the things we’ve done, and the places we’ve been. Buying the latest iPhone is exciting but it isn’t going to fundamentally change who you are; walking the Inca Trail in Peru or doing a skydive in New Zealand will enrich your life in far more ways than you could ever know. At the end of the day, we are the sum total of our experiences.

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4. We Are More Interested In People’s Experiences Than Possessions

Shared experiences connect us more to other people than shared consumption. Talk to people about the latest gadget you’ve bought and you may get some takers but you will most likely lose your audience after a while. Talk about your travelling experiences and you will find people are interested to know more, they will engage with you better, and it will encourage similar stories. At the end of the day, you can’t really bond with someone who also has an Apple Watch but finding someone who has been to the same places as you can be the start of a friendship.

5. Experiences Last Longer

It is a misconception to think that a physical object will last longer than a one-off experience like a concert or vacation but this isn’t the case. Once we’ve experienced something it stays with us for years and even a lifetime; the investment is much greater and the effects are prolonged.

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Anticipation is a huge plus when it comes to experiences. Excitement starts from the very minute you start planning a vacation or outing somewhere and lasts all the way through to the experience and the memories you’ll cherish forever afterwards. Gilovich also discovered that although an experience creates this excitement and anticipation, buying or ordering a purchase actually causes impatience rather than excitement.

So, maybe think twice about what you would rather spend your money on. Happiness can’t be bought but there are definitely ways of spending our money wisely that will help us achieve more happiness in our lives.

Featured photo credit: Danka and Peter via magdeleine.co

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Jenny Marchal

A passionate writer who loves sharing about positive psychology.

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Last Updated on September 28, 2020

How To Study Effectively: 7 Simple Tips

How To Study Effectively: 7 Simple Tips

The brain is a tangled web of information. We don’t remember single facts, but instead we interlink everything by association. Anytime we experience a new event, our brains tie the sights, smells, sounds and our own impressions together into a new relationship.

Our brain remembers things by repetition, association, visual imagery, and all five senses. By knowing a bit about how the brain works, we can become better learners, absorbing new information faster than ever.

Here are some study tips to help get you started:

1. Use Flashcards

Our brains create engrained memories through repetition. The more times we hear, see, or repeat something to ourselves, the more likely we are to remember it.

Flashcards can help you learn new subjects quickly and efficiently. Flashcards allow you to study anywhere at any time. Their portable nature lends them to quick study sessions on the bus, in traffic, at lunch, or in the doctor’s office. You can always whip out your flashcards for a quick 2 to 3 minute study session.

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To create effective flashcards, you need to put one point on each flashcard. Don’t load up the entire card with information. That’s just overload. Instead, you should dedicate one concept to each card.

One of the best ways to make flashcards is to put 1 question on the front and one answer on the back. This way, you can repeatedly quiz yourself into you have mastered any topic of your choice.

Commit to reading through your flash cards at least 3 times a day and you will be amazed at how quickly you pick up new information.

As Tony Robbins says,

“Repetition is the mother of skill”.

2. Create the Right Environment

Often times, where you study can be just as important as how you study. For an optimum learning environment, you’ll want to find a nice spot that is fairly peaceful. Some people can’t stand a deafening silence, but you certainly don’t want to study near constant distractions.

Find a spot that you can call your own, with plenty of room to spread out your stuff. Go there each time you study and you will find yourself adapting to a productive study schedule. When you study in the same place each time, you become more productive in that spot because you associate it with studying.

3. Use Acronyms to Remember Information

In your quest for knowledge, you may have once heard of an odd term called “mnemonics”. However, even if you haven’t heard of this word, you have certainly heard of its many applications. One of the most popular mnemonic examples is “Every Good Boy Does Fine”. This is an acronym used to help musicians and students to remember the notes on a treble clef stave.

An acronym is simply an abbreviation formed using the intial letters of a word. These types of memory aids can help you to learn large quantities of information in a short period of time.

4. Listen to Music

Research has long shown that certain types of music help you to recall information. Information learned while listening to a particular song can often be remembered simply by “playing” the songs mentally in your head.

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5. Rewrite Your Notes

This can be done by hand or on the computer. However, you should keep in mind that writing by hand can often stimulate more neural activity than when writing on the computer.

Everyone should study their notes at home but often times, simply re-reading them is too passive. Re-reading your notes can cause you to become disengaged and distracted.

To get the most out of your study time, make sure that it is active. Rewriting your notes turns a passive study time into an active and engaging learning tool. You can begin using this technique by buying two notebooks for each of your classes. Dedicate one of the notebooks for making notes during each class. Dedicate the other notebook to rewriting your notes outside of class.

6. Engage Your Emotions

Emotions play a very important part in your memory. Think about it. The last time you went to a party, which people did you remember? The lady who made you laugh, the man who hurt your feelings, and the kid who went screaming through the halls are the ones you will remember. They are the ones who had an emotional impact.

Fortunately, you can use the power of emotion in your own study sessions. Enhance your memory by using your five senses. Don’t just memorize facts. Don’t just see and hear the words in your mind. Create a vivid visual picture of what you are trying to learn.

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For example, if you are trying to learn the many parts of a human cell, begin physically rotating the cell in your minds eye. Imagine what each part might feel like. Begin to take the cell apart piece by piece and then reconstruct it. Paint the human cell with vivid colors. Enlarge the cell in your mind’s eye so that it is now six feet tall and putting on your own personal comedy show. This visual and emotional mind play will help deeply encode information into your memory.

7. Make Associations

One of the best ways to learn new things is to relate what you want to learn with something you already know. This is known as association, and it is the mental glue that drives your brain.

Have you ever listened to a song and been flooded by memories that were connected to it? Have you ever seen an old friend that triggered memories from childhood? This is the power of association.

To maximize our mental powers, we must constantly be looking for ways to relate new information with old ideas and concepts that we are already familiar with.

You can do this with the use of mindmapping. A mind map is used to diagram words, pictures, thoughts, and ideas into a an interconnected web of information. This simple practice will help you to connect everything you learn into a global network of knowledge that can be pulled from at any moment.

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Learn more about mindmapping here: How to Mind Map to Visualize Your Thoughts (With Mind Map Examples)

Featured photo credit: Alissa De Leva via unsplash.com

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