>> If you earn $10k/yr, and extra $1k is a big deal, and can have profound impacts on your life. If you earn $100k/yr, an extra $1k is much less of a big deal.

>> If you earn $10k/yr, and extra $1k is a big deal, and can have profound impacts on your life. If you earn $100k/yr, an extra $1k is much less of a big deal. If you earn $1M/yr, an extra $1k is just noise. This an economic fallacy. It only makes sense if you believe the only utility of money is is to buy basic necessities and you can't imagine doing things that require larger amounts of capital to start.