Experiences vs Possessions

Written By: Gauranga Magriplis

Millennials! The generation with a heap of superlatives:

  • The most lazy
  • The least likely to buy a home
  • Avocado
  • The most offended

I could go on. One thing that most people haven’t considered, but makes total sense is we are now THE MOST POPULOUS GENERATION on Earth! Which means the things we do, say and care about matter. They matter a lot. One of the trends that I am interested in is the fact the a lot of millennials (myself included) are opting for more of a minimalist lifestyle. Not bothered with possessions and are valuing things like travel and experience much more.

I don’t think I need to tell you that you will learn so much more about yourself and other cultures by taking a gap year or studying overseas. When you go on an adventure or share an experience with someone you will strengthen your relationship or even create a new one! So here are the top 5 reasons experiences are better than things!

Experiences Are Better Than Things – 5 Reasons Why!

A picture tells a thousand words, so an info-graphic should do the trick!

Experiences vs Possessions

1 – Experiences Remain Novel Possessions Do Not

Experiences vs Possessions, a number of university studies suggest that an experience creates real sustained happiness. As opposed to a possession, of which the luster quickly fades. The main reason a life filled with experience as opposed to stuff is that it leaves great memories that don’t lose the excitement and emotion that is attached to them! But as I am sure you have experienced that your new car, or piece of jewelry or whatever it is, it definitely loses the attached excitement before long.

2 – Experiences Create Great Relationships

When you go on a holiday or an experience by yourself there is a great chance that you are going to meet new people and create a relationship. But when you are with someone you are most likely going to build on that relationship. Even if in the end you have a TERRIBLE time, give it a week, or a month and it will all seem like a hilarious memory! The same cannot be achieved when you buy a gift for yourself or for someone else.

3 – You learn and gain new perspectives through experiences

This is perhaps the second most important aspect of experiences. Learning and perspectives; they are things you simply can’t get from a possession. For these reasons, it is why millennials are choosing to spend money on these things. And it doesn’t matter what it is that you do, you are far more likely to learn or gain a perspective simply by doing something a little differently or going somewhere new. Something as mundane as It does not always have to be something radical like taking a flying lesson or going on a holiday!

4 – Experiences build happiness – stuff accumulates

When you meet someone that is old and has had a full life. What do you mean by that? What you really mean is that they have been to a lot of places, done a lot of cool things and have a heap of happy memories. What you don’t mean is they have a lot of stuff!

5 – What would you really prefer stuff or experience?

To visit the Great Pyramids of Giza or have a heaps of possessions about Giza? Similarly what would really improve your life and make you happier? Sharing a great experience with a loved one or a new car? After all, any car will work getting you from A to B. But in the final moments of life, you are likely not going to be thinking about the great car you owned or the other possessions were cool. But instead, the great experiences that you shared with people. On the other hand, you are not going to regret the possessions you did not have, but rather the experiences and adventures you missed!

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