Hey there, time traveller!
This article was published 14/2/2009 (4474 days ago), so information in it may no longer be current.
Ryan Howell, an assistant professor of psychology at San Francisco State University, found that buying experiences -- such as vacations, going to the theater or renting a sailboat -- gave people more happiness than buying material things. The study of 154 people ages 19 to 50 showed that experiences increase happiness because they are often social in nature. "People report a sense of feeling invigorated or inspired," Howell said.
"It's not that material things don't bring any happiness. It's just that they don't bring as much," Howell said. "You're happy with a new television set. But you're thrilled with a vacation."
The study may yield some lessons for Americans in despair over the recession. "For whatever you can afford, you'll maximize your happiness, and the happiness of others around you, if you spend it on a life experience," he said.
-- Los Angeles Times