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"Buy experiences, not things"
The rationale isn't exactly wrong for the comparison, but it smuggles in an underlying assumption that it's reasonable and normal to be spending all your available money in an effort to be happy. Money is way more useful for reinforcing your continued survival and freedom than for anything else and the idea that it's good for regulating your emotions beyond that is a deception geared towards keeping consumer spending up.
I was also never sure how to separate "things" from "experiences." Is a fancy cocktail while I'm on a beach vacation a thing or an experience? If I buy a new table saw for my hobby woodshop is that a thing or a experience?
We don't normally buy things and then bury them in a hole in the ground. We buy them because we intend to use them, even if that use is just for decoration. Our things enable experiences, and our experiences require things.
The line between thing and experience has always been very blurry to me.
Another example: is a good book a thing or an experience?