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Beware of the hedonic treadmill. Once you get trapped in your "improved" lifestyle your options for change effectively evaporate.
by GianFabien 1y ago
Beware of the hedonic treadmill. Once you get trapped in your "improved" lifestyle your options for change effectively evaporate.
- chistev 1y agoSo, how do you overcome this?
- GianFabien 1y agoThere is nothing to overcome. Once you understand the dynamic, you stay vigilant for the trap. Spend far less than you earn. Invest the balance. Keep your options open. When others panic, you simply pivot. Recommend you read "Same as Ever" by Morgan Housel.