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re: money is not the key to happiness
Posted on 4/1/24 at 9:49 am to shellbeachspeckzzz
Posted on 4/1/24 at 9:49 am to shellbeachspeckzzz
Money helps to a point. There have been studies that quantify this, but basically they all seem to indicate it’s somewhere around the median household income. Beyond that, each incremental dollar you earn has rapidly diminishing impact on your happiness.
Pastor at a church I used to attend had a message once about “closing your circle”. Basically get to a certain point you’re content with and don’t let your lifestyle creep beyond that.
Pastor at a church I used to attend had a message once about “closing your circle”. Basically get to a certain point you’re content with and don’t let your lifestyle creep beyond that.
Posted on 4/1/24 at 10:02 am to Dadren
quote:
Money helps to a point. There have been studies that quantify this, but basically they all seem to indicate it’s somewhere around the median household income.
This IMO. Money matters a hell of a lot when you are making $32k a year and struggling to make rent. It matters less when you are making $100k and "worrying" about a new Tahoe note or paying for a trip to the islands.
I had a chance to expand a small business I owned one time. Was given the chance to take an investor and go from a nice life/work balance and three 1099 employees to a 50-100 person expansion and move into a nationwide market. I was making $150k salary off the business at the time. Investor was going to bump my salary $70k to $220k annually. I declined. Diminishing returns. But if he had said $500k annually? Hell yes. It's all relative.
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