People often say it’s better to spend money on travelling, but now there is scientific evidence that confirms this fact.
A new psychological exploration from Cornell University in New York confirms that the key to happiness is having experiences, not possessing effects. The researchers have been working on this topic for two decades, and the study was led by Dr. Thomas Gilovikj, who pointed out that one of the key differences between the value of the experience and the value of items is adaptation.
“We buy things to make us happy, and we succeed. But only for a while. New things are exciting to us at first, but then we adapt to them,” he commented.
Basically, we get used to things we have and over time, we are not happy to have them. On the other hand, happiness that comes from experiences only increases with time because these experiences become part of us and shape our identity.
Gilovikj suggests that people should spend money on travelling or other activities such as acquiring new skills and visiting exhibitions instead of buying a new TV or car.
“You can really like your material stuff. You can even think that part of your identity is connected to those possessions, but nonetheless they remain separate from you. In contrast, your experiences really are part of you. We are the total sum of our experiences,” he concludes.