Memorable experiences are generally more rewarding than physical possessions, at least once you've met your baseline needs. Many material possessions degrade over time or become comparatively obsolete, while memories can [[Compounding value of memories|increase in value]] if you spend the effort required to [[§ 1.5 - Remember|Remember]] them. Beyond this, physical possessions are often tied to feelings of status, which require comparison to others—and [[Comparison is the thief of joy,]]. Worse, possessions are more likely to lose personal value due to the [[Hedonic Treadmill]].