My Thinking On Various Topics

The Best Use of Money

The idea that spending money to buy experiences rather than ‘stuff’ has been gaining mainstream momentum in America. People are realizing that there is more marginal benefit to their happiness when they allocate their dollars towards experiences (travel, entertainment, classes, adventures, etc.) rather than material goods. This is of course because most of us (certainly those I see sharing the above opinions) have surpassed the basic material needs of food & shelter. The physical goods purchased after that point have diminishing returns – at a certain point the clutter may even cause new purchases to create negative returns. I’ve been thinking on the topic of allocating money towards happiness and wanted to share my thoughts. I agree fully that experiences are a better use of money than stuff – but I see these as the first two steps of a spectrum. A spectrum that I have been able to track a bit further, though I’m not certain