Tag Archives: life experiences

Are You a Happy Shopper? Research Website Helps You Find out

Psychologists have found that buying life experiences makes people happier than buying possessions, but who spends more of their spare cash on experiences? We now know that extraverts and people who are open to new experiences tend to spend more of … Continue reading

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What Is the Best Way to Spend $100?

As you probably know if you if have read this blog, many recent studies focused on the relationship between money and happiness have shown that individuals who purchase life experiences are generally happier than individuals who purchase material items. However, not … Continue reading

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On the Lego, err… IKEA Effect, or: Mom, Dad. Look What I did!

I don’t know about you, but as a kid I loved playing with Legos. I never distinguished myself as a budding architect, and in those days, the suite of Lego building solutions wasn’t nearly as extensive as it is today. … Continue reading

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Older Really Is Wiser

Late-night TV advertisements often paint a picture of older adults as terminally bewildered. The advertisements depict seniors trying to make sense of their health care options, insurance plans, retirements accounts, etc. – and failing miserably. These TV seniors are invariably … Continue reading

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I’ll just have what you’re having: On feeling left out and buying our way back in

Imagine yourself in this situation. You’ve been asked to participate in a series of marketing studies. That’s fine, because you are getting course credit for it. The experimenter tells you that you are going to record a short video introduction … Continue reading

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Why lap dancers get bigger tips during that *other* time of the month.

In a study published in 2007, psychologists Geoffrey Miller, Joshua Tybur, and Brent Jordan from the University of New Mexico recruited 18 lap dancers to record both their tips, their ovulatory cycles and whether or not they were on the … Continue reading

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Does Your Attitude Toward Time Affect Your Spending Habits?

The old adage has it that time is money, and it is certainly the case that when we go to work, or when we pay others for their work, we are often engaging in a direct exchange of time for … Continue reading

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