Don't seek out fancy, expensive possessions. Do these improve your life and happiness any? Not really. Cull it down to the bare necessities and the things that you really love (besides your family and friends that is!). Keep your mind focused on loving what you're doing, not loving what you're having. If you need that new iPhone because it will help you work and socialize, by all means, go for it. But forget upgrading and throwing things away just because you want the latest fad.