When given a large sum of money to spend on experiences rather than possessions, individuals often prioritize shared experiences like travel with friends over material goods, demonstrating that experiential spending can create lasting memories and social connections.
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How would you spend 1M dollars? - Bill PerkinsAdded:
Let's say I give you a million dollars to spend in a two-week period. You can't buy anything that you keep. Just on experiences. Tell me what that would be.
>> Yeah, so I'm going to gather some friends together. It's going to be a trip someplace. I got my homies. We're traveling and we're doing it in style.
Might be Japan again cuz I love Japan.
And so I'll probably be calling you midweek being like, "Can I have some more money?"
>> [laughter]
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