Optimal Living Daily - Personal Development and Self-Improvement 3550: More Money, Less Happiness: When Money Makes You Miserable by Michael Laurence with Get Rich Slowly
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Apr 3, 2025 Dive into the complex relationship between wealth and happiness. Discover how money can sometimes lead to stress and dissatisfaction, particularly when it comes from high-pressure jobs or debt. Explore the idea that spending wisely can bring joy and freedom, while chasing material possessions often backfires. Learn why living life on your own terms, rather than succumbing to societal pressures, is key to true happiness.
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Money and Happiness
- While many believe money doesn't buy happiness, most want material things they think will make them happier.
- This creates a conflict between the abstract idea and the desire for material possessions.
When Money Helps
- More money generally increases happiness, allowing for things like nest eggs, vacations, and early retirement.
- Money won't solve every problem, but it can solve some, especially for those in systemic poverty.
Misery from Money
- Despite potential benefits, higher incomes don't always lead to more happiness.
- This is often due to poor spending habits that decrease happiness.
