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You don't understand it because the mental model as presented by the statement is too simple. Money can make LOTS of people VERY happy, up to a certain point.
by ionforce 7y ago
You don't understand it because the mental model as presented by the statement is too simple.
Money can make LOTS of people VERY happy, up to a certain point. Supposedly after 80k$, after you've been relieved of basic stresses like rent and finding food, more money will make you less happy per increment.
If you are an unhappy person with a minimum of 80k$, then the bottleneck to your happiness is not money.
Merely more money doesn't make ALL people happy ALL the time.
- RcouF1uZ4gsC 7y agoThe cutoff is definitely much higher than $80k in the Bay Area. You would basically be homeless at that level of household income.
- brundolf 7y agoI make 80k in Austin - a city that's still relatively high in terms of living costs, compared to the rest of the country. On that I can afford to live in a very comfortable apartment without roommates, eat out at decent (non-fast-food) restaurants for basically every meal if I want to, have an active social life and hobbies, and still put about 10% into savings each month. I can easily say that making more money would not have an impact on my happiness. The Bay Area is so non-representative of the U.S. that it's not even funny.
- jjtheblunt 7y agowell said