EPISODE · Jun 8, 2020 · 24 MIN

How Will You Spend Your Money - Podcast 181

from Informed Decisions Independent Financial Planning & Money Podcast · host Paddy Delaney Informed Decisions

Dr. Thomas Gilovic has conducted several studies, some spanning decades, which measured the level of satisfaction and joy that people get from experiences versus material purchases. Here is a link to one particular study he was involved in, the insight of which is really quite fascinating. There appears to be three core reasons that experiential purchases give us more long term satisfaction. Hopefully you get some value from this week's episode. Enjoy! Paddy Delaney.

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This episode was published on June 8, 2020.

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