There’s some studies done on this. They basically put it on the perception of novelty. As someone else mentioned, when you’re little nearly everything you experience is new and have a more awareness of those these happening. Whereas when you are older, you are mostly set in your routines so you kinda sorta experience an Autopilot effect where the time goes by and you don’t really notice it.
Those studies recommend mixing up your day. Take a different road home, try a new hobby, take that vacation you’ve thought about. This is also why some older couples say they’ve never felt younger when they go on new trips and experiences
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