Experiential vs Material Spending Preferences


by BeyondThePurchase.Org on Aug 16, 2013 | Views: 214 | Score: 0
MaterialExperiential
Purchases2.64.2
Psychological Benefits Gained From Purchase
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BeyondThePurchase.Org
BeyondThePurchase.Org on Aug 16, 2013 6:24 AM said:

These statistics, along with previous research, suggest that "spending money on experiences makes people happier and contributes more to overall life satisfaction." Experiences are social, offering a platform for developing personal relationships and the memories are lasting. However, material items can wear down and are prone to social comparison which can leave the individual feeling less satisfied.