4min chapter

10% Happier with Dan Harris cover image

A New Way to Think About Your Money | William MacAskill

10% Happier with Dan Harris

CHAPTER

Don't Give a Dime - I'm in the Richest 10%

The typical expenditure or average expenditure on a child in the United Kingdom over 18 years is about 180,000 pounds. So if I were to have a kid, then if there were two parents involved, you know, I would increase the amount I'm living on by like 5,000 pounds per year. But that's still not kind of radically changing things. Even after my giving, I'm still in the richest 10%. I think this is 5% of the world's population. We really don't appreciate how well off those of us in rich countries like the US or UK are.

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