3 ms·

You Can Never Have Too Much Money, Happiness Researcher Finds

7 points by helsinkiandrew 2y ago

helsinkiandrew 2y ago
https://archive.ph/gNhdB https://archive.ph/gNhdB
samarthr1 2y ago
In other news, water is wet. Is today a slow news day?
wkat4242 2y ago
Coming from Bloomberg.... Who'd have thonk I'm sure it won't apply to me. If I had a few million I'd be just happy. I have no desire to be "important". And after you already have enough to buy a nice house, pay for some hobbies and not have to work, really the real big money sink is influence. I just don't care about that at all, and I wouldn't if I were rich. I'm sure the bloomberg crowd do, though.
- tetris11 2y ago
  Same, I think there are a lot of people who measure themselves in relation to their neighbours, and if their neighbour lived in a castle and drove a horse carriage, they would feel the FOMO. Me, I just want a house I can put solar panels on, fly a drone around, and generally treat as a large livable workhouse/playhouse. I don't want a pool. I don't want a boat. I don't want a fast car. A bike, and the ability to afford the odd plane ticket or cross-country train ticket in a comfortable class would be fine for me.
effed3 2y ago
..there is no man more in need of money than a rich man..
JohnFen 2y ago
I don't know. My personal observation, and this is supported by a number of studies, is that there's a "sweet spot" of wealth in terms of it encouraging happiness. Having too little makes happiness more difficult, as does having too too much. The question is whether this is a causal relationship or not. I suspect not, or at least not in the sense that wealth itself is causing a difference. My suspicion is that the relationship has more to do with the personalities that tend to group at different wealth levels. Mostly what I've learned in life is that people can live in extreme poverty and be fundamentally happy, and they can live in extreme wealth and be miserable. This makes me suspect that your happiness level has more to do with how you relate to life and its circumstances than to what, exactly, those circumstances are.

helsinkiandrew 2y ago

https://archive.ph/gNhdB https://archive.ph/gNhdB

samarthr1 2y ago

In other news, water is wet. Is today a slow news day?

wkat4242 2y ago

Coming from Bloomberg.... Who'd have thonk I'm sure it won't apply to me. If I had a few million I'd be just happy. I have no desire to be "important". And after you already have enough to buy a nice house, pay for some hobbies and not have to work, really the real big money sink is influence. I just don't care about that at all, and I wouldn't if I were rich. I'm sure the bloomberg crowd do, though.

tetris11 2y ago
Same, I think there are a lot of people who measure themselves in relation to their neighbours, and if their neighbour lived in a castle and drove a horse carriage, they would feel the FOMO. Me, I just want a house I can put solar panels on, fly a drone around, and generally treat as a large livable workhouse/playhouse. I don't want a pool. I don't want a boat. I don't want a fast car. A bike, and the ability to afford the odd plane ticket or cross-country train ticket in a comfortable class would be fine for me.

effed3 2y ago

..there is no man more in need of money than a rich man..

JohnFen 2y ago

I don't know. My personal observation, and this is supported by a number of studies, is that there's a "sweet spot" of wealth in terms of it encouraging happiness. Having too little makes happiness more difficult, as does having too too much. The question is whether this is a causal relationship or not. I suspect not, or at least not in the sense that wealth itself is causing a difference. My suspicion is that the relationship has more to do with the personalities that tend to group at different wealth levels. Mostly what I've learned in life is that people can live in extreme poverty and be fundamentally happy, and they can live in extreme wealth and be miserable. This makes me suspect that your happiness level has more to do with how you relate to life and its circumstances than to what, exactly, those circumstances are.