Dr. Thomas Gilovich

How do I spend my money?

How do I spend my money? Do I tend to spend more money on experiences or things? Much research has been done on the topic and the outcome is that people who spend money on experiences rather than things are happier. Sometimes people think of this in terms of big things like deciding to travel more and buying a less expensive car to cover the costs. However, small things count, like booking a massage instead of buying a new pair of shoes...