Navigating the Hedonic Treadmill

This chapter explores the psychological concept of the hedonic treadmill, illustrating how individuals tend to return to a baseline level of happiness despite life’s ups and downs. It discusses the influence of societal pressures and consumerism on personal fulfillment, while advocating for introspection and non-monetary pursuits for true emotional well-being. Additionally, the chapter highlights the importance of self-awareness in achieving financial well-being and understanding behavioral finance biases that impact decision-making.