IN FRATERNAM MEAM: MONEY CAN BUY HAPPINESS (If You Know What To Buy)

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IN FRATERNAM MEAM

Monday, January 24, 2005

MONEY CAN BUY HAPPINESS (If You Know What To Buy)

FORGET YOUR LIST OF MUST-HAVE STUFF:

Go for an experience instead. A study published
in the Journal of Personality and Social Psychology
(Dec. 2003) found that experiential purchases like
vacations or concert tickets trigger feelings of
happiness more than material purchases, such as
household items. The researchers, psychologists
Leaf Van Boven, PhD, of the University of Colorado
at Boulder, and Thomas Gilovich, PhD, of Cornell
Unviersity, conducted a nationwide survey of more
than 1,200 adults from various economic backgrounds
and discovered that 57 percent "advanced their
own happiness" when they splurged on something
that was intended to acquire a life experience
(versus 34 percent who bought objects).
Even better -- the experiential purchase were
about half the cost of the material ones.

(abstracted from:EXPERIENCELIFEMAG)

posted by infraternam meam @ 2:07 PM

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About Me

Name: infraternam meam
Home: Chicago, United States
About Me: I am now at the prime of my life and have been married for the past 25 years. Sickly at times, but wants to see the elixir vita, so that I will be able to see my grandchildren from my two boys.
See my complete profile

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