Wanting More Isn't Such a Bad Thing

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More, more, more.  It is human nature to always want more than what we have, and to be more than what we are.  This is a natural drive in all of us, and depending on how we use this natural drive, it can either hinder us, or it can help us.

The harmful side&#;

When we are travelling through the journey of our lives sometimes we forget to look ahead, we don&#;t watch where we are going, and we fail to stay on our own path.  Instead we look to the side at who is traveling alongside us and how they're doing.  The journey becomes a competition, and our desire for more becomes a race for first place.  I want more money than Jim. I want a bigger house than the neighbours. I want to look like Betty.  I want to keep up with the Joneses. 

The helpful side&#;

The natural drive for more can be a good thing when we keep our eyes on our own path, when we don&#;t compete with others, and we compete only with who we were yesterday, so that we can be better people today. I want to be more patient. I want to be more humble. I want my business to serve more people.  I want to live a fulfilling life. 

The desire for more, more, more is given a bad reputation lately, but I think, if we look at it in a different way, it can be a good thing; it drives us to be better people, to do more for others, and to live life to the fullest.  So keep your eyes on your own path and be a better person than you were yesterday.

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An empirical evaluation of materialism -- beware "hedonic decline"

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The short-lived satisfaction of being first in line to buy an iPhone. [Luke MacGregor/Reuters]

PROBLEM: So let's concede the point that "the very pursuit of happiness thwarts happiness." But what about the pursuit of things? Treating yourself to coveted material goods is guaranteed to make you happy, right?

METHODOLOGY: In three separate studies, Marsha Richins of the University of Missouri scored consumers as rating either "high" or low" for materialism, and then evaluated their emotional state before and after making an "important purchase."

RESULTS: In each study, the reigning materialists anticipated future purchases with strong, positive emotions, much more so than other consumers. Joy, excitement, optimism, and even peacefulness coursed through them regardless of whether they were thinking about buying a house or a toaster, next week or next year.

The materialists were also more likely "to believe that an upcoming purchase would transform their lives in important and meaningful ways." They had faith in their upcoming acquisition's power to improve their relationships, boost their self-esteem, enable them to experience more pleasure, and, of course, be more efficient. The intensity with which they felt the positive emotions was directly related to just how transformative they expected those transformations to be.

But after the purchase was made, and the materialists inevitably adapted to life in possession of said coveted item, what followed was a "hedonic decline," in which their happy feelings dissipated.

CONCLUSION: Although "materialists' perceptions that acquisition brings them happiness appear to have some basis in reality," that happiness is short-lived, Richins concluded. As such, "The state of anticipating and desiring a product may be inherently more pleasurable than product ownership itself."

IMPLICATIONS: Richin's basic theory is that materialists get a small boost of momentary happiness when they acquire something new. But they also get a happy boost just by thinking about getting something new, which happens multiple times throughout the long process of saving up money or waiting for the delivery of an online purchase. Thus, frequent little happy bumps add up to more happiness than the one big, but short-lived burst of pleasure that accompanies acquisition.

Of course, along with the highs come lows -- materialists were also more likely to experience fear and worry over all-important upcoming purchases. At the end of it all, not only are the boosts of happiness over, but materialists are more likely to have credit problems. But they do not, according to this study, experience more buyer's guilt than anyone else.

The full study, "Why Wanting Is Better than Having: Materialism, Transformation Expectations, and Product-Evoked Emotions in the Purchase Process" is published in the Journal of Consumer Research.

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