Oh, yes definitely true. I spend my winters in a community of part-time and full-time wanderers and nomads, as well as people who move seasonally between RV's/tiny homes and other homes. They have encouraged me to shed "stuff" in favor of friends and experiences. It has been freeing and almost exhiliarating.

We are beginning to really assess each possession and acquisition. Every cupboard, shelf and box I empty frees me. Whenever we replace a possession, we give away or donate the item (and try to throw in a bit more!)

Today we visited an art fair, where many things caught our attention, but left with only greeting cards and tiny hand painted note pads to give as gifts.

When we give gifts to our kids/grands we focus on services they cannot afford or experiences. State park memberships, a housecleaner for a busy young family, trips to plays or concerts... This helps to avoid accumulation in their lives.
Sue