If given an option between receiving a gift or an experience for a birthday present to make us happier, which should we choose?

According to a Cornell University 2010 study, spending money on experiences makes people happier than spending money on possessions. Their reasoning happens because when it comes to purchasing tangible goods, individuals usually doubt their decisions and worry over missed deals. Meanwhile in the case of an experience, they’re very subjective, causing them to be positive experiences and there's no other basis of comparison so there exists less negative feelings over missed deals.

Aside from the study, the primary reason experiences can be better than gifts are because individuals adapt to the tangible gifts. Initially, we like them because they’re shiny and brand new. But as individuals and also as creatures of habit, we adjust. As the novelty of the gift goes away, so does the exhilaration. The attributes that were once novel, now end up being the benchmark. Next thing we all know, thoughts start coming up concerning the attributes that we wish it would have. Sure enough, the gift gets replaced with something shinier and brand spankingly newer.

After having an experience, however, the event remains within our brains. Generally, these experiences involve bonding with others and having an astounding time with these people. But it doesn’t stop there. The feelings continue even following the experience. When remembering the event and retelling to friends and family, it allow us to simultaneously relive the happy moments. Also, the more the tale is retold, the stronger the memories become. With impressive experiences, there is always something thrilled to talk about with your friend or family member. "Hey, remember the time when we…." And the best of all? When we least expect to see it, objects, words or friends around us will bring about these happy memories and immediately light up our moods.

If you’re still on the fence, one critical note to keep in mind is: You get to be the sum of your experiences, not the sum of your possessions. If you can, strive for a 21st birthday idea experience to generate long lasting happy moments!