Polluted_Shmuch , Katie Cerami Report
“Given that we spend more than 12 hours a day at home on average—sometimes up to 20 hours—a beautiful home offers the greatest return on investment. Not only do you get to enjoy your living space, but there’s also potential for its value to appreciate over time.”
According to Dogen, the best time to own the nicest home you can afford is when you have children. “This way, you maximize the use of your home and spread its cost across more people. Once your children grow up and leave, you’re unlikely to want a larger, more expensive home—quite the opposite.”
Ate_spoke_bea , Max Vakhtbovycn Report
StunningWash5906 , Андрей Постовой Report
However, the expert pointed out that just because someone’s incredibly wealthy doesn’t make them immune to life’s problems. “The sad reality is that even if you’re ultra-rich with a $20 million net worth or more, happiness isn’t guaranteed. You’ll still have the same worries, fears, and hopes as everyone else. In fact, the higher your net worth, the more you might fear losing it. Much of the wealth of the ultra-rich is illiquid and can vanish unexpectedly. In addition, you will likely have to sacrifice for an extremely long time to achieve tremendous wealth. Be careful what you wish for!”
buttermelonMilkjam , Brock Wegner Report
busyhat5 , Berna Tosun Report
TranslatesToScottish , Nicola Barts Report
“Envy is inevitable when people perceive that others have more, regardless of the risks you’ve taken or the time you’ve put in. Most won’t credit your hard work for your success, so it’s best not to stand out. Some people work less than 40 hours a week and wonder why they can’t get ahead, while others work 50% to 100% harder every week for years. The competition to build wealth is fierce. Recognizing this reality is crucial to avoid being left behind.”
KoosPetoors , Letícia Alvares Report
JK_NC , GillyBerlin Report
hahalarry , Tima Miroshnichenko Report
However, it’s common sense that you need at least some income to guarantee access to the bare necessities (food, shelter, clothing, transportation, education, medical care, etc.).
That way, you have a solid enough foundation from which you can do whatever it is that you want, whether that’s building your own business, climbing the corporate ladder, traveling the world, dedicating yourself to your creative projects, starting a family, or anything else you value in life.
To put it bluntly, spending time with your loved ones and looking for your purpose is easier when you’re not starving or living paycheck to paycheck.
handyman5 , MART PRODUCTION Report
jawstrock , Ahmet ÇÖTÜR Report
dring157 , Dmitry Spravko Report
However, newer research appears to indicate that this might not be entirely true. More money seems to matter if all other factors are equal. A 2023 study from the University of Pennsylvania’s Wharton School implies that there’s no ‘ceiling’ when it comes to the relationship between happiness and wealth. In other words, the indication is that the more you earn, the happier you might be.
According to research done by Matthew Killingsworth, happiness does improve with higher earnings. That’s good news for the ultra-wealthy. The researcher found that the life satisfaction of people earning $3 million to $7.9 million was far higher than that of individuals earning ‘just’ six-figure salaries.
Redbeardsir , Leroy Filon Report
meenarstotzka , Datingscout Report
BlueRa1n , Tima Miroshnichenko Report
“I suspect it’s much more fundamental and psychologically deeper than simply buying more stuff.”
The research looked at how people rated their life satisfaction on a scale of 1 to 7 (from not at all happy to extremely satisfied). Respondents earning $30k per year or less reported their life satisfaction to be around average, at a 4. Those earning around $500k per year felt happier, rating their lives around a 5. Meanwhile, multimillionaires gave themselves a rating of 6.
ohimnotarealdoctor , Diego F. Parra Report
max_disrrrespect Report
Qimmosabe_Man , Katarzyna Modrzejewska Report
“It’s entirely possible to be rich and miserable or poor and happy. The main reason is simply that lots of things matter for happiness besides money. But, all else equal, people tend to be happier the more money they have.”
ZekeMoss18 , Rene Terp Report
SunsetSizzle , Chalo Garcia Report
?? , Thomas Ward Report
What would your day-to-day life look like if money was no issue at all? We’d genuinely like to hear your thoughts on all of this. If you have a moment, feel free to share yours in the comments!
brucatlas1 , Frames For Your Heart Report
bikinifetish , muhannad alatawi Report
ayatollahofdietcola_ , Element5 Digital Report
dayjams Report
Falconhoof420 , Lasse Møller Report
Eurymedion , Christina Morillo Report
iamtherealomri , Aaron Burson Report
ResultsPlease , Pixabay Report
anon , cottonbro studio Report
2Spit Report
varunpitale , Jonathan Borba Report
Austinswill Report
natvics Report
rundretplowi Report
br0b1wan Report
Kahlypso Report
IamNICE124 Report
Constant_Charge_4528 Report
Higawa Report
Realistic-Cow-3140 Report
derkonigistnackt Report
bustybbylola Report
Dudesymugs12 , Pixabay Report
nillekeks1 Report
Follow Bored Panda on Google News!
Follow us on Flipboard.com/@boredpanda!
