We chatted about this before… spend your money on experiences, not things. But when we all refresh for the New Year, it’s a good reminder. A lot of times we make the assumption that because a physical object will last longer, it will make us happier for a longer time than a one-time experience.

But experts say that when “We buy things to make us happy, and we succeed but only In the short term. New things are exciting to us at first, but then we adapt to them.”

… So rather than buying some thing, you’ll get more happiness in the long run spending money on experiences like doing outdoor activities, learning a new skill, or traveling.

Plus shared experiences connect us more to other people than shared things. You’re much more likely to feel connected to someone you took a vacation with than someone who also happens to have bought a 4K TV.

Mandy’s Fabulously Frugal Fact is made thrifty by:

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