Experiences Beat Possessions: Why Materialism Causes Unhappiness

The PsyBlog says:

“Materialism is a dirty word. It also gets a bad rap in psychology. Studies consistently show that people who agree with statements like ‘You will buy things just because you want them,’ tend to be:

  • Less satisfied with life,
  • Less happy,
  • More likely to be depressed,
  • More likely to be paranoid,
  • More likely to be narcissistic.

But, just like studies examining the connection between success and happiness, many of the findings are correlational. As a result we can’t say for sure that materialism causes all these things, only that they’re associated. So, for better evidence, cue the experiment …”

You can read more here.

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