Exterior of Nancy Nicholas Hall in the evening, with lamps and windows glowing.
News & Events

Wong: Luxury items & smart financial practices

Wong’s advice for those who enjoy retail therapy is to have at least three months of income saved up, use a debit card, and be mindful to spend within your means. If you must shop, Wong cites her research that shows that people are happier when they spend money on experiences rather than material goods.

“Experiential consumption tends to be more social, that is why it brings you more happiness,” Wong says.

For the full interview see below

Source: Adams Publishing Group, January 11, 2022

Read the full article at: https://www.hngnews.com/lake_mills_leader/news/regional/article_d61f343e-61c5-53f1-8b76-7e90c8d47ebd.html