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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 August 12, 2019

13 Things Mentally Strong People Don’t Do

13 Things Mentally Strong People Don’t Do

Mentally strong people have healthy habits. They manage their emotions, thoughts, and behaviors in ways that set them up for success in life.

Take a look at these 13 things that mentally strong people don’t do so that you too can become mentally stronger.

1. They Don’t Waste Time Feeling Sorry for Themselves

Mentally strong people don’t sit around feeling sorry about their circumstances or how others have treated them. Instead, they take responsibility for their role in life and understand that life isn’t always easy or fair.

2. They Don’t Give Away Their Power

They don’t allow others to control them, and they don’t give someone else power over them. They don’t say things like, “My boss makes me feel bad,” because they understand that they are in control over their own emotions and they have a choice in how they respond.

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3. They Don’t Shy Away from Change

Mentally strong people don’t try to avoid change. Instead, they welcome positive change and are willing to be flexible. They understand that change is inevitable and believe in their abilities to adapt.

4. They Don’t Waste Energy on Things They Can’t Control

You won’t hear a mentally strong person complaining over lost luggage or traffic jams. Instead, they focus on what they can control in their lives. They recognize that sometimes, the only thing they can control is their attitude.

5. They Don’t Worry About Pleasing Everyone

Mentally strong people recognize that they don’t need to please everyone all the time. They’re not afraid to say no or speak up when necessary. They strive to be kind and fair, but can handle other people being upset if they didn’t make them happy.

6. They Don’t Fear Taking Calculated Risks

They don’t take reckless or foolish risks, but don’t mind taking calculated risks. Mentally strong people spend time weighing the risks and benefits before making a big decision, and they’re fully informed of the potential downsides before they take action.

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7. They Don’t Dwell on the Past

Mentally strong people don’t waste time dwelling on the past and wishing things could be different. They acknowledge their past and can say what they’ve learned from it.

However, they don’t constantly relive bad experiences or fantasize about the glory days. Instead, they live for the present and plan for the future.

8. They Don’t Make the Same Mistakes Over and Over

Mentally strong people accept responsibility for their behavior and learn from their past mistakes. As a result, they don’t keep repeating those mistakes over and over. Instead, they move on and make better decisions in the future.

9. They Don’t Resent Other People’s Success

Mentally strong people can appreciate and celebrate other people’s success in life. They don’t grow jealous or feel cheated when others surpass them. Instead, they recognize that success comes with hard work, and they are willing to work hard for their own chance at success.

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10. They Don’t Give Up After the First Failure

Mentally strong people don’t view failure as a reason to give up. Instead, they use failure as an opportunity to grow and improve. They are willing to keep trying until they get it right.

11. They Don’t Fear Alone Time

Mentally strong people can tolerate being alone and they don’t fear silence. They aren’t afraid to be alone with their thoughts and they can use downtime to be productive.

They enjoy their own company and aren’t dependent on others for companionship and entertainment all the time but instead can be happy alone.

12. They Don’t Feel the World Owes Them Anything

Mentally strong people don’t feel entitled to things in life. They weren’t born with a mentality that others would take care of them or that the world must give them something. Instead, they look for opportunities based on their own merits.

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13. They Don’t Expect Immediate Results

Whether they are working on improving their health or getting a new business off the ground, mentally strong people don’t expect immediate results. Instead, they apply their skills and time to the best of their ability and understand that real change takes time.

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Featured photo credit: Candice Picard via unsplash.com

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