There's actually been studies done on this issue (look up the money/happiness study princeton edu), and the finding were that happiness itself increases with income to an extent, but it caps out at a certain wage. $75,000 was the cap out according to studies.
Having enough money to reduce stress, afford medical expenses, care for family, travel and go on vacation...that obviously makes a difference. After that, it doesn't matter. Accumulating massive weath doesn't give you life meaning or cure mental disorders. Money wont fix any of that. It's important to establish a sense of comfort and security.
I agree with the study you are citing. Except the game changes after $75000. Money starts to own you, and you become aware of this. You know you must take charge and own your money. So, you start playing the money game which is about return-on-investment, and capital appreciation. Things get complicated, and it helps to have a business degree. But in the long run it can be satisfying if your businesses provide goods and services the community needs for continued growth.
You may not find additional happiness, but the satisfaction can be enormous. That's all bitches. You ain't making no big CHA CHING, unless you got efficiency, insight, and people want yo shit. So stay cool my homies. Remember to live, don't forget y'alls are gonna die, and always always stay diversified.
IIN that I think "Money can't buy happiness" is bullshit?
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There's actually been studies done on this issue (look up the money/happiness study princeton edu), and the finding were that happiness itself increases with income to an extent, but it caps out at a certain wage. $75,000 was the cap out according to studies.
Having enough money to reduce stress, afford medical expenses, care for family, travel and go on vacation...that obviously makes a difference. After that, it doesn't matter. Accumulating massive weath doesn't give you life meaning or cure mental disorders. Money wont fix any of that. It's important to establish a sense of comfort and security.
Beyond that, you're on your own bitches.
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dude_Jones
2 years ago
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I agree with the study you are citing. Except the game changes after $75000. Money starts to own you, and you become aware of this. You know you must take charge and own your money. So, you start playing the money game which is about return-on-investment, and capital appreciation. Things get complicated, and it helps to have a business degree. But in the long run it can be satisfying if your businesses provide goods and services the community needs for continued growth.
You may not find additional happiness, but the satisfaction can be enormous. That's all bitches. You ain't making no big CHA CHING, unless you got efficiency, insight, and people want yo shit. So stay cool my homies. Remember to live, don't forget y'alls are gonna die, and always always stay diversified.
Fuck yeah.