Hey, you're listening to On Purpose with Jay Chetty, and today my guests are none other than

Selena Gomez and Benny Blanco.

What I felt for Benny, it was everything about him was honest.

He'll tell me anything that he's feeling, and it made me feel like I could do the same.

If we would have met each other when we were younger, it would have never worked.

Listen to On Purpose with Jay Chetty on the IHeart Radio app, Apple Podcasts, or wherever you get your podcast.

Welcome to Before Breakfast, a production of IHeart Radio.

Good morning. This is Laura.

Welcome to the Before Breakfast podcast.

Today's tip is to consciously think of spending money on certain experiences as making investments in happy memories.

It is not quite the same as investing money in the market,

but in terms of living a satisfying life, it is not a bad idea either.

So the title of today's episode comes from a wise grandfather I know of.

When he gives cash gifts to the young people in his life, he tells them to invest this in your

memory bank. I really like this idea. By now you have probably heard the advice that spending money on experiences tends to make

people happier than spending money on things. There is a lot of gray area between the two,

of course. A car enables you to have various experiences. So does a tent. Correspondingly, a cheap pair of shoes

might ruin an experience if you get a lot of blisters. So you would be happier paying up for the good

ones. That said, the grandfather's advice gets at the connection between experiences and happiness.

When you have a good experience, you create a memory.

Just as investments can grow in value over time, your experience and the subsequent memory becomes more valuable as the days and years pass by.

I have certainly seen this in my own life. When I was in college, I studied abroad in Australia,

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