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I don't think it is meant like "at some point you'll run out of things to buy", because, let's be honest, even the richest people still have things they can't b

I don't think it is meant like "at some point you'll run out of things to buy", because, let's be honest, even the richest people still have things they can't buy. The actual meaning is in my opinion that at some point, when you can pay your bills easily and do not need to worry about money every day, increasing your income doesn't make you happier. Of course, buying more expensive things and increasing your income is still a good feeling, but after some time they become status quo and your happiness is back at the same level as it was before the pay raise (especially since there are now new, more expensive things to seek).

shhehebehdh 8y ago
> The actual meaning is in my opinion that at some point, when you can pay your bills easily and do not need to worry about money every day, increasing your income doesn't make you happier. That’s not actually true though. There’s pretty robust research to show that happiness is correlated with log money. It’s not a function that becomes flat after a certain point, at least not as far as any research I’ve read says. Although the correlation or causation question remains: do happier people make more money, or does more money make people happier, or is there some underlying third variable that affects both? But the fact that lottery winners do end up becoming happier suggests that there is a causal element in the money->happiness direction.