Are Experiences Better Than Things?

Millennials may be onto something. They prefer experiences over things. Why? Experiences not only are fun but they’re meant to be shared on social media. Science supports their point of view. To do or to own. Material v. experiential purchases. The paradox of possessions assumes, wrongly, that happiness we gain from buying new things will last as long as the items. A 20-year study by Dr. Thomas Gilovich, a professor at Cornell University, concluded that… read more →