It is summer and for many of us the time when we pack a suitcase and take a trip. If so, you may be on to something that has life-long benefits. According to recent research, spending money on experiences and travel is more likely to bring you and your family lasting happiness than spending money on material goods. Think about it: only a few days after purchasing a shirt, a watch or new electronic gadget, the thrill starts to fade. Per researchers at Cornell University, people "adapt" quickly to the novelty of a new physical object – whereas creating an experience or a trip continues to bring joy long after the event is over.