Happy Money: Strategic Spending to Boost Your Well-Being

In today’s era of “treat yourself”, many people tend to spend their savings on stuff. From splurging on the latest iPhone to purchasing luxury furniture, buying stuff can make you feel good. But what about spending our savings on stories?

Researchers suggest investing in experiences, like trying a new restaurant with a loved one, rather than on tangible items, like clothing. Experiences have a longer-lasting effect on your happiness. Sharing new experiences with loved ones strengthens your relationships and brings you closer together. That way, your self-fulfilment and contentment increases over time! 📈

It’s human nature to become desensitized to our environment. When you buy a new gadget or piece of jewelry, it’s normal to feel excited. It’s something new. But over time, the novelty fades. By adding to your life’s experiences, however, your memories deepen over time. Picture your last great date, meal or trip with somebody you love… that sense of comfort and pleasure that comes with recounting a memory is bottomless.

Your memories are yours forever.

And with experiences, you’re less likely to make comparisons between yourself and others. Memories are subjective and they’re tougher to quantify. Next to paying your bills and buying necessities, don’t forget to invest in your life’s stories. Your memories are yours forever.