Common wisdom, alas for those who have disposable income in excess of their needs and wants is to spend money on Experience and Not on Material Goods. There are countless articles arguing precedence of Experience Over Physical Goods and in long run, experience provides you much deeper satisfaction than ephemeral existential joy provided by goods. For e.g. New Mobile will provide you fun only for few days, and after a while it would be life as usual, the craving would be endless, with every new iteration of mobile development, whereas experience of holiday with loved once, you would cherish for ever.
Despite reading the wisdom, we often discover, whether distinction between Material v/s Experience is so simple. The recent research now tries to provides an answer to the dilema. To get better Idea about what I have been writing, read the article published in the Atlantic…before proceeding further.
Now that you know, what I am talking, do you agree with the point?
I only agree partially.
Every physical goods at some psychological level, provides us the experience, so third category, “buying goods that provides experience” to my mind is a artificial distinction. I do not think there is any third category…Though, the psychological happiness of autonomy, competence and connectedness is very important, but when the Physical Goods provides us the experience, for e.g. Buying Guitar and After learning Guitar, we are not comparing the joy of buying v/s the experience of playing Guitar vis a vis with any other comparable experience, but two un comparable events. After a while joy of buying Guitar would loose, if we don’t learn or fail to learn, in that case, it would have a negative psychological effect. But after learning, the hedonic mental state would provide a different ‘kick’ (sorry for using it ) and thus we are trying to compare the uncomparables.
For us Indian, the discussion is little boring…we still do not consider experience as important..and after reading the article in atlantic, my views expressed six month back..read here…have not changed.
Material Goods does give more pleasure than Experience.