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It’s better to go on a vacation than buy a new couch
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Spending on Experiences Instead of Possessions Results in More Satisfaction
“Researchers have found that our types of purchases, their size and frequency, and even the timing of the spending all affect long-term happiness. One major finding is that spending money for an experience — concert tickets, French lessons, sushi-rolling classes, a hotel room in Monaco — produces longer-lasting satisfaction than spending money on plain old stuff.”
