Join us this week as we toss around the idea of whether it is more rewarding to spend money on experiences or "things". We brought in an "experiences expert", the always-entertaining Martin from the Studenomics.com personal finance blog, and hilarity ensued. Tune in for some insights on how to find the personal balance between pursuing experiences and stuff in your life.

Show notes: http://moneymastermindshow.com/episode4/

Key Takeaways From This Episode:

What does science have to say about spending your money and correlation to happiness?

Tips on how to re-orient your mindset away from the commercialism that is so prevalent in North America.

If it's a really cool experience or item it's ok to go into debt right?

Martin explains how a garage sale can reveal the seedy underbelly of materialism.

Take our $100 experience vs stuff challenge and see the results for yourself.

Links:

Proof That Life Experiences Make You Happier

Study: For Greater Happiness, Spend Money on These

To Buy Happiness, Spend Money On Other People

Spending Your Way To Happiness

Items/Services Mentioned In This Show:

Happy Money: The Science of Smarter Spending

The High Price of Materialism

Panelists:

For a quick bio of each of our show participants, head on over to our panelists page. http://moneymastermindshow.com/panelists/

Glen Craig | FreeFromBroke.com

Kyle Prevost | YoungandThrifty.ca

Miranda Marquit | PlantingMoneySeeds.com

Peter Anderson | BibleMoneyMatters.com

Tom Drake | CanadianFinanceBlog.com

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