Society for Personality and Social Psychology
In a recent study from the journal Social
Psychological and Personality Science, researchers have shown that material
purchases, from sweaters to skateboards, provide more frequent happiness over
time, whereas experiential purchases, like a trip to the zoo, provide more
intense happiness on individual occasions.
The majority of previous studies examining material and
experiential purchases and happiness focused on what people anticipated about
shopping or remembered about items and experiences.
To
answer this question, they assessed the real-time, momentary happiness people
got from material and experiential purchases, up to five times per day for two
weeks.
Material purchases consisted of items such as reindeer leggings,
portable speakers, or coffee makers, and examples of experiential purchases
were a weekend ski trip, tickets to a hockey game, or spa gift cards.
By having people record their thoughts in the weeks following
their purchases, as well as one month after their purchases, the researchers
showed that material and experiential purchases bring happiness in two distinct
flavors.
Material purchases bring repeated doses of happiness over time in the
weeks after they are bought, whereas experiential purchases offer a more
intense but fleeting dose of happiness.
Additionally, when people looked back
on their purchases 6 weeks after Christmas, they felt more satisfaction about
experiential purchases.
"The decision of whether to buy a material thing or a life
experience may therefore boil down to what kind of happiness one desires,"
says Mr. Weidman, "Consider a holiday shopper deciding between tickets to
a concert or a new couch in the living room. The concert will provide an
intense thrill for one spectacular night, but then it will end, and will no
longer provide momentary happiness, aside from being a happy memory. In
contrast, the new couch will never provide a thrilling moment to match the
concert, but will keep the owner snug and comfortable each day throughout the
winter months."
As you go forth in your holiday shopping this season, either for
yourself or others, think about what form of happiness you want, before making
a purchase.