Time and money are both valuable.

As we get older, we usually have less of the former.

The Simple Dollar’s Trent Hamm explains.

Using the example of reading, Hamm says he used to spend lots of time reading books.

But as his time dwindled, he spent less time on his passion.

He has less time to enjoy doing things, so he makes up for it by buying stuff.

Their passion seeks another outlet, and that outlet often involves buying things.

There are a couple of problems with this.

In exchange, what do you get?

You’re not using the item, so all it’s doing is taking up space.

2.Experiencesmake us happierthan things.

Reconnect: Spending money takes time, too.

Trade in that time and effort into actually doing something you’re passionate about.

Keep records: If you’re tempted to buy something, write it down.

But at least writing it down helps feed your inner consumer, and it keeps you from hoarding.

It’s better to devote your limited amount of time and energy into actually experiencing that hobby.

It’s kind of a heady concept, but nonetheless, I think it rings true in many situations.

Check out his full post for more detail.

How to Switch to Collecting Experiences Instead of Things| The Simple Dollar

Photo byomoo.