December 14, 2024 16:29 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Pushpa 2 stampede: Allu Arjun walks out of jail, actor's lawyer slams delay in release | Donald Trump intends to end 'inconvenient' and 'very costly' Daylight Saving Time | Suchir Balaji: Indian-origin former OpenAI researcher found dead at US apartment | Bengaluru techie suicide: Karnataka Police issues summons to wife Nikita, her family members | French President Macron appoints centrist leader Francois Bayrou as new Prime Minister | Congress always prioritised personal interest over Constitution: Rajnath Singh | Jaishankar calls attack on Hindus in Bangladesh 'a source of concern' | Allu Arjun arrested over woman's death in stampede during Pushpa 2 premiere show | RBI receives bomb threat in Russian language, case filed | UP teenager kills mother, lives with body for 5 days
Internet wallpapaer image

Shopping makes you happy, materialism is not that bad: Study

| @indiablooms | Jan 02, 2019, at 05:43 pm

Amsterdam, Jan 2 (IBNS): People who attach great importance to buying or having things are often referred to as ‘materialistic’, which is generally regarded as being a ‘bad’ quality.

Most people do not like to be labeled as ‘materialistic’ by others. In her research, PhD researcher Esther Jaspers shows that judging materialism as being ‘bad’ lacks nuance.

She showed that buying and possessing things because it gives you pleasure adds to your personal happiness, and that the possession of things as a measure of status and success adds to your financial means as well as your happiness.

Research shows that materialists take a more positive attitude towards spending money and incurring debts, but at the same time are more likely to be insecure, lonely and less happy. However, when you zoom in on the various types of materialism, a more nuanced picture emerges.

Three types of materialism

Three types of materialism are distinguished in the literature:
1. ‘Buying in pursuit of happiness’ (If I have more I will be happier)
2. ‘Buying for pleasure’ (I enjoy shopping and having things)
3. ‘Possessions as a measure of success’ (My possessions are indicative of my status and my success).

To find out if some types of materialism may have positive consequences, Jaspers investigated how these different types relate to financial means and the extent to which consumers consider themselves happy. In her research, she uses longitudinal data sets to answer complex questions regarding the development of materialism, and the relationship between materialism and financial and subjective wellbeing.

Materialism and happiness

Previous studies have shown that people who are more materialistic are less happy. However, these studies tend to focus on materialism in general, while a distinction should be made between various types of materialism. It turns out that there is only one type of materialism that has a negative influence on happiness and this, ironically, is ‘buying things in pursuit of happiness.’ The more one thinks that buying and possessing more things will make one happier, the less happy one will in fact be. The other two types (‘buying for pleasure’ and ‘possessions as a measure of success’) both have a positive influence on happiness.

Materialism and financial means

Her research also qualifies two other suppositions. It confirms the lay belief that young people are more materialistic and that materialism decreases as people get older, but it also shows that it grows stronger again in late adulthood. Also in line with what one would expect, it turns out that people who are more materialistic have less savings and more debts. However, this relationship does not apply to the ‘possessions as a measure of success’ type, where people tend to have fewer debts and more wealth.

 

Internet wallpapaer image

 

 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.