What exactly does the “good life” mean to you? Is it one where you have all the latest gadgets, the fanciest clothes, and the biggest house on the block?

For a long time, I thought it was. I splurged on every new piece of tech and trend, thinking that these things would make my life better, more complete.

But over time, the shine on all the new stuff dulled, and I was left feeling like something was missing.

That’s when I began to rethink what truly made me happy. Turns out, it wasn’t things at all—it was experiences. The shift was subtle but powerful, and it’s been a game-changer.

According to research, people who opt for experiences over possessions are happier.

But what exactly makes them different? What traits lead them to value experiences over material things? 

Today, that’s what I’ll be sharing. Here are 7 personality traits you’ll find in people who’d rather spend money on experiences:

1) They value personal growth

First up, people who prioritize experiences over material things tend to show a heightened focus on personal development.

It’s not just about ticking off a bucket list destination or trying out the newest restaurant in town. For them, every experience is a chance to learn more about themselves and the world around them.

So they prefer to invest in moments that broaden their horizons, challenge their perspectives and push them out of their comfort zones.

They understand that experiences, unlike material possessions, contribute to their self-growth and self-discovery.

This trait often draws them towards activities that foster growth and knowledge rather than simply accumulating stuff.

2) They have a strong sense of adventure

As someone who values experiences over material possessions, I’ve noticed a common thread among us.

We have an innate sense of adventure that pushes us to explore beyond the ordinary.

I remember when I was faced with a choice between buying the latest iPhone or using that money for a week-long trip to Bali.

While the shiny new phone was tempting, I was more drawn to the idea of immersing myself in a new culture, exploring lush landscapes, and creating lasting memories.

So I chose Bali, and it was one of the best decisions I’ve ever made. The phone would have been outdated within a year, but the memories from that trip are still as vivid as ever.

This reflects an inherent curiosity and zest for life that’s often seen in those who prefer experiences over tangible things. We’re not afraid to take risks if it means we’ll gain a unique experience out of it.

3) They possess a minimalist mindset

People who choose experiences over things often embrace a minimalist approach to life. They understand that owning less can actually mean more freedom, less stress, and more happiness.

In my book, “Hidden Secrets of Buddhism: How To Live With Maximum Impact and Minimum Ego“, I delve into the Buddhist philosophy of non-attachment. This principle aligns perfectly with the trait of valuing experiences over possessions.

By minimizing material possessions, they free themselves from the constant desire for more.

They’re not tied down by belongings, which allows them to invest time, energy, and resources into experiences that bring genuine joy and fulfilment.

To them, minimalism is not about deprivation. It’s about making room for what truly matters in life – experiences that enrich their souls and create lasting memories.

As they say, “The best things in life aren’t things.” And those who choose experiences over material possessions are a living testament to this adage.

4) They are focused on building meaningful relationships

So, if the best things in life aren’t things, what are they, then?

One word — relationships. At the end of the day, life is all about the connections we make with others. 

Experiences often involve other individuals – be it family, friends, or even strangers we meet along the way. These shared moments not only create lasting memories but also build stronger bonds.

Additionally, research has shown that experiential purchases often lead to more positive social interactions than material purchases. These interactions contribute to relationship satisfaction and a greater sense of belonging.

That’s something people who prefer experiences over material possessions take to heart. Which is why they often have a strong emphasis on building and maintaining meaningful relationships.

5) They are less concerned with societal norms

Unsurprisingly, people who choose experiences over material possessions are often less concerned about conforming to societal norms.

While society often measures success by the accumulation of material wealth, these individuals dance to the beat of their own drum.

They understand that material possessions can be fleeting and that societal definitions of success may not align with their personal happiness.

Instead of focusing on what they should have according to societal expectations, they focus on what they want to experience and learn. They are not swayed by the latest trends or the need to “keep up with the Joneses”.

In essence, they place their personal values and desires above societal pressures.

6) They are more likely to live in the present

People who are into experiences more than material possessions also have a knack for living in the present.

They understand the value of savoring the moment and fully immersing themselves in their current experience.

Unlike material possessions that may lose their lustre over time, an experience is enjoyed and then becomes a part of our memories.

This makes experiences inherently transient and encourages individuals to be present and fully engaged.

They would rather take in the sights, sounds, smells, and feelings of a moment than worry about what they will buy next.

Studies show that this ability to be present enhances our overall enjoyment of life and can lead to higher levels of happiness and satisfaction.

As spiritual teacher and author Eckhart Tolle once said, “Realize deeply that the present moment is all you have. Make the NOW the primary focus of your life.” 

7) They are adaptable and open to change

Finally, adaptability and openness to change are key traits of those who choose experiences over material possessions.

Life is full of unexpected twists and turns, and those who seek experiences are often better equipped to navigate these changes.

There was a time when I had meticulously planned a trip to Japan, only for a sudden change in weather to upset those plans.

Instead of letting that derail the entire adventure, I embraced the unpredictability and ended up having one of the most memorable experiences exploring the local culture.

This adaptability also extends to our personal growth. As we encounter new experiences and learn from them, we don’t shy away from changing our perspectives or beliefs.

We are not rigidly attached to our current state but are constantly evolving and growing.

In essence, valuing experiences over material possessions often means embracing life’s unpredictability and using it as an opportunity for growth.

Final thoughts

Shifting to this kind of mindset often involves diving deep into our core values and what truly brings us happiness.

In my book, “Hidden Secrets of Buddhism: How To Live With Maximum Impact and Minimum Ego“, I discuss how Buddhist philosophy aligns with this concept.

The teachings emphasize non-attachment to material possessions and the pursuit of experiences that enhance our understanding of ourselves and the world around us.

Ultimately, valuing experiences over possessions is about recognizing what truly matters in life.

Our richest moments often come not from what we have, but from what we experience and who we share those experiences with.