Article Source: CNN

Written by - Elizabeth Landau - February 10th, 2009

 (CNN) -- Even in tough economic times, you may find yourself with a bit of cash to spare. You've been working hard, and you want to treat yourself. Should you spend it on an experience, such as a baseball game or concert, or a material object?

Psychological research 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, experts said.

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