Life

Science Explains Where You Should Spend Your Extra Money

We all like to treat ourselves to a little something special every now and then, and there’s absolutely nothing wrong with that.

But, instead of saving your money to buy the latest electronic device or those shoes you’ve been wanting for a really long time, science says it’s better to put your money towards travel. So, go ahead and start looking up flight prices because there’s no arguing with scientific fact, right?

Why?

The reason why traveling winds up being better for us in the long run (despite the hit to our wallets) is because experiences stay with us longer than materialistic items.

“Our experiences are a bigger part of ourselves than our material goods,” said Gilovich in the study, “A Wonderful Life: Experiential Consumption and the Pursuit of Happiness,” published in the Journal of Consumer Psychology.

Check out seven reasons why experiencing is better than collecting stuff in the long run.

1. You Don’t Have To Travel Far

You don’t have to leave the country or even get on a plane to have a special experience. Going to a museum, taking a cooking class, joining a gym, etc. all count as experiences that are scientifically proven to be a better way to spend your money.

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2. You Can Share It With Someone

When you purchase something, it’s a very singular experience. Taking a trip somewhere is something that you can do with a friend or someone special to you.

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3. The Memories Will Last Much Longer Than Your New Item

Memories from a trip you took or a cooking class you were apart of will stay more important to you much longer than that new cashmere sweater.

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4. There Will Always Be An Opportunity To Buy Yourself Something

There are plenty of opportunities to buy something for yourself, it’s not always convenient to get up and go, so when the time presents itself— take advantage of it.

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5. Travel Can Change Your Perspective

Traveling can help you see things in a different way, and that’s something that a new item could never do.

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6. There’s No Buyer’s Remorse

Buying yourself an expensive gift may come with buyer’s remorse, but a vacation never will.

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7. There’s No Returning An Experience

There’s no exchange policy or upgrading an experience you’ve had. You have to make a decision to travel and stick with it. And when you do, it gives much more satisfaction than something you bought for yourself ever could.

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So, set your sights on travel, especially in the upcoming holiday season. I assure you— you won’t regret it. It’s been scientifically proven, after all.

[h/t: Huffington Post]

Photo by Moyan_Brenn