Spending money on experiences rather than material goods is both better for the environment and our happiness. And most people actually know this. So why do we continue to accumulate so much stuff?
Researchers from San Francisco State University surveyed individuals before and after making purchases. They found that before buying an item, people thought it was better value.
However, people surveyed after the purchase said that experiences were both a better use of their money and made them happier. Paying for goods didn’t live up to expected levels of value.