"Money doesn't make you happy"

I think once you reach a certain level of financial freedom, earning more money doesn't make you happier.

I've said this before, but I'd much rather work 10 hrs a week and earn substantially less and be able to enjoy the money that I do earn than work 70 hrs a week and earn more - but never have the time to spend it.

You guys keep enjoying being slaves to money, I'll going on enjoying the simple life.

A lot of people who spend their lives working excessive hours end up with "wealth in a wheelchair." Enjoy your life while you can.
 


Having money enables me to be completely free to spend my life pursuing and realizing my dreams, and that makes me happy. It is a means to an end.
 
there is this guy who lives down the road from me, is worth millions , lives in a million dollar house on the ocean that he owns outright, which his family gave to him

he sits inside his house drinking about 30 beers a day, chain smoking cigarettes

When I have been over at his house ( have a friend in common) he spends half his time either complaining or talking paranoid rants

If money can buy happiness this guy definitely does not know where to shop for it

Sounds like he inherited his wealth if his parents "gave" him the beach house.

Contrast that to a guy like me who has been grinding since day 1, dreaming of riches since 15 years old, been broke, depressed, in debt, working 18 hours a day, etc.

I'd like to think when I reach the holy grail and can finally slow down, relax, and enjoy the money, I will be happy. Not because I have the money in my bank account, but because I busted my ass for it, and I achieved a life-long goal.

But I won't know until I get there.
 
Money gives options. It gives me the option to not have to work for someone else and to create my own schedule. It's not the money itself that creates the happiness.
 
The marginal utility of each dollar earned over your daily/monthly/yearly threshold must be compared to the amount of time and marginal utility you'd derive from that time doing other things besides work.

End of the day you need to figure out what that number is, and devote your time accordingly. Then you'll be happy and rich (or as rich as you desire, based on what you're trying to accomplish).

/econrant
 
Sounds like he inherited his wealth if his parents "gave" him the beach house.

Contrast that to a guy like me who has been grinding since day 1, dreaming of riches since 15 years old, been broke, depressed, in debt, working 18 hours a day, etc.

I'd like to think when I reach the holy grail and can finally slow down, relax, and enjoy the money, I will be happy. Not because I have the money in my bank account, but because I busted my ass for it, and I achieved a life-long goal.

But I won't know until I get there.

Hello friend,

You would be happy if very rich because you born poor. Poor people often dream become rich and things they could buy if have lot money. So if become rich you very happy no only because have lot money but because achieve dream.

But people who already born family very rich and can buy everything they want usual no dream of become even more rich. If can buy whatever want and no ever have worry about run out money for rest life then no reason for dream of become even more rich.

So if rich people get even more rich they usual no become more happy as poor who become rich.

Good luck bro
 
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There was a study done by a bunch of pysch majors somewhere in the northwest who discovered that money actually does buy happiness.

I wish I could remember it for the life of me, but all i remember is they compared a sedentary lifestyle vs. a traveling one, and the sedentary lifestyle not only resulted in depressed lifestyle, but unhealthy. the traveling one was happy like 98% of the time.

With money, you can choose either lifestyle, but with no money, you only have one option, therefore your chances of happiness when you have money goes up exponentially.

As someone mentioned, Money = Options.
 
yeJN0Pe.jpg

Nice granny panties.
 
I would say around $10-20k per mo is a level past which happiness increases very little. At this level you can buy virtually anything you want, except super luxury items. Once your basic needs of shelter, good quality food, sex (if you have to pay for it), security are met, not much you gotta work on yourself to get the rest.

Happiness is more a choice you make. You can choose misery or you can choose peace, contentment, acceptance of what is. The choice is yours.

The articles I've read say that your happiness is maxed out at an income of around $80-100k. This is enough to put a roof over your head, own a few nice things and be able to go on the odd holiday. Beyond that, all you get is nicer things, a nicer holiday and the ability to play keep up with the Joneses. Once you've had that Ferrari for a few weeks, it kinda becomes "just another car" (that you can't take shopping because the boot is too small and you don't want to park it where it can get damaged)

A lot of people on here have the goal of "work 1hr per day/week and be able to do whatever I want". Great goal, but from what I've read once you get there (and I haven't got there) it gets old quick. When I moved to London in 2001, the IT market was shit and I had some cash saved so I sat at home and played computer games for 6 months. It was great for the first few months, but quickly got boring. People that move to make a sea/tree change frequently move back within a few years because sitting around doing very little gets boring as fuck. So does continually traveling the world and living out of a suitcase for months at a time.

I think that even once I've "made it" I'll still be working at least 4 hours per day. Nothing too strenuous, but always have something on the boil - managing a team of people and client relationships, etc. Otherwise I'll get bored continually playing computer games, scuba diving, riding motorbikes, flying quad copters...

I've read the key to happiness is interpersonal relationships - caring for and having lots of people care about you
 
Hello friend,

You would be happy if very rich because you born poor. Poor people often dream become rich and things they could buy if have lot money. So if become rich you very happy no only because have lot money but because achieve dream.

But people who already born family very rich and can buy everything they want usual no dream of become even more rich. If can buy whatever want and no ever have worry about run out money for rest life then no reason for dream of become even more rich.

So if rich people get even more rich they usual no become more happy as poor who become rich.

Good luck bro

goddamn this guy is the reincarnation of Vishnu
 
The articles I've read say that your happiness is maxed out at an income of around $80-100k. This is enough to put a roof over your head, own a few nice things and be able to go on the odd holiday. Beyond that, all you get is nicer things, a nicer holiday and the ability to play keep up with the Joneses. Once you've had that Ferrari for a few weeks, it kinda becomes "just another car" (that you can't take shopping because the boot is too small and you don't want to park it where it can get damaged)

A lot of people on here have the goal of "work 1hr per day/week and be able to do whatever I want". Great goal, but from what I've read once you get there (and I haven't got there) it gets old quick. When I moved to London in 2001, the IT market was shit and I had some cash saved so I sat at home and played computer games for 6 months. It was great for the first few months, but quickly got boring. People that move to make a sea/tree change frequently move back within a few years because sitting around doing very little gets boring as fuck. So does continually traveling the world and living out of a suitcase for months at a time.

I think that even once I've "made it" I'll still be working at least 4 hours per day. Nothing too strenuous, but always have something on the boil - managing a team of people and client relationships, etc. Otherwise I'll get bored continually playing computer games, scuba diving, riding motorbikes, flying quad copters...

I've read the key to happiness is interpersonal relationships - caring for and having lots of people care about you

The mistake was that you sat around playing computer games all day for 6 months. That doesn't make you feel like you've used your time valuably, and leaves you feeling like you're wasting your life away, which makes you feel bad.

Things I'd like to do:

- Ski seasons in a few different countries
- Visit every country at least once
- Fly to NY, buy a muscle car & drive across the states
- Learn to fly helicopters & planes
- Train to be a chef
- Learn at least 1 more language fluently

etc.. and if I've done those things, then more will appear. The secret is to keep on achieving things, and smashing goals. If you sit around on a beach doing fuck all, or playing computer games, then yes that will get old very quickly.

If you plan out what you're doing, set goals, and work on achieving them, you won't get bored.

Lots of people just don't know what to do with their time when they don't have work taking up a majority of it.
 
The mistake was that you sat around playing computer games all day for 6 months. That doesn't make you feel like you've used your time valuably, and leaves you feeling like you're wasting your life away, which makes you feel bad.

Things I'd like to do:

- Ski seasons in a few different countries
- Visit every country at least once
- Fly to NY, buy a muscle car & drive across the states
- Learn to fly helicopters & planes
- Train to be a chef
- Learn at least 1 more language fluently

etc.. and if I've done those things, then more will appear. The secret is to keep on achieving things, and smashing goals. If you sit around on a beach doing fuck all, or playing computer games, then yes that will get old very quickly.

If you plan out what you're doing, set goals, and work on achieving them, you won't get bored.

Lots of people just don't know what to do with their time when they don't have work taking up a majority of it.

So, do you do this alone?

That all sounds awesome but having friends with the same interests and the money, and flexibility seems to be much more challenging to acquire than making the $ to do all of those alone which sucks as much as sitting on your ass all day.

10+ years ago when I was college age this was a LOT easier than it is being 30+ when most are tied down due to commitments, and lack of money, and a 9-5.