Psychological research at San Francisco State University suggests that, in the long run, experiences make people happier than possessions.

That’s in part because the initial joy of acquiring a new object, such as a new car, fades over time as people become accustomed to seeing it every day, the research claims. Experiences, on the other hand, continue to provide happiness through memories long after the event occur.

But surely the experience of owning a possession linger just as long?

The full story is on the CNN website.