5 ms·
Very few people, even among the rich have "enough" money that they disregard money as a factor in their decision making. To a certain extent they actually consi
by frgtpsswrdlame 9y ago
Very few people, even among the rich have "enough" money that they disregard money as a factor in their decision making. To a certain extent they actually consider it more because they are trying to figure out how to preserve what they have.
- cortesoft 9y agoIn my experience, that isn't completely true. Sure, as you get more financial committments, you start needing the money more. However, having extra money makes so many things less stressful. When I was younger and poorer, car trouble was a huge stress. Did I have enough money to fix it? What was I going to cut out? Would I wreck the car, costing me more money, if I keep driving it? Now, I just take the car to the shop and don't even think about it. Hungry and see a good restaurant? Just go. Get in a minor accident, or get a parking ticket? No big deal, doesn't ruin the day. I mean, money certainly is still a factor in decisions, but there are a LOT of decisions that cost a small enough amount of money that you don't worry about it. Everyone has a level where, if things are cheaper than that, they don't worry about it; as you get more money, more and more things fall into that category.
- frgtpsswrdlame 9y agoWell sure, I think there's some figure about how increasing income up to $70k makes you happier and then it doesn't anymore, that seems about right in that it's mainly about being securely 'not poor'. Moving beyond that and in to the extreme wealth zone many are concerned about making their good fortune last, watching the markets everyday, that sort of thing.
- deleted 9y ago[deleted]