Chapter
Spending on Experiences Leads to Greater Happiness
1:09:41 - 1:16:57 (07:15)
Research has shown that spending money on "experiential purchases" like going out to dinner, attending a concert, or going on vacation leads to greater happiness and fulfillment than spending on material goods such as electronics or handbags. Additionally, spending money on others through pro-social spending also leads to increased happiness.
Clips
Research shows that spending money on experiences, especially ones that connect us with other people and foster relationships, brings more fulfillment and happiness than spending money on material possessions.
1:09:41 - 1:16:57 (07:15)
Happiness
Summary
Research shows that spending money on experiences, especially ones that connect us with other people and foster relationships, brings more fulfillment and happiness than spending money on material possessions. Pro-social spending, or spending money on other people, also increases happiness levels.