You Should Spend Money on Experiences, Not Things

It’s been over a decade since American psychologists Leaf Van Boven and Thomas Gilovich concluded that doing things makes people happier than having things. “To Do or to Have? That Is the Question” was the title of the study they published in 2003, and it’s been cited hundreds of times since. Many people now recognize that spending money on, say, a plane ticket for a...

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