Can money buy happiness? If life is a bowl of berries, how many will we want to feel satisfied?
There are many theories and perspectives about the things we measure in our lives: time, money, energy. These are often heaped up in an attempt to support other intangibles such as happiness, contentedness, satisfaction, or meaning.
I came across this question on Quora: What is something that money can’t buy?
I especially like this answer from James Altucher (Blogger, author, … more)
Joseph Heller wrote the massive bestseller, Catch-22 about World War II. I recommend anyone read the book but that’s not what this answer is about.
Later in his life Heller went to a party in the Hamptons. Mostly young hedge fund guys at the party.While he was at the party, someone came up to him and pointed out some 25 year old guy. “You see that guy over there?” the someone said. “That guy made more money last year than all of your books will make in your entire lifetime, times ten.”
Joseph Heller looked at the 25 year old guy then said. “But I have one thing that that man will never have.”
His friend gave a sort of scoff and said, “What could that possibly be?”
And Joseph Heller said, “Enough.”
Ask around or ask yourself – how much is enough?
How much happier will someone be who has just a little more money than they had before? How much more content will someone be who has just a little more food on their plate?
Economists, sociologists, and others who research Happiness Economics often point out the law of diminishing returns. Study after study across many countries show the same effect: a small amount is sufficient for life satisfaction. Each additional amount earned adds only a marginal amount of happiness or satisfaction. In many cases, there can be a point of negative returns, meaning that too much can actually bring about unhappiness, such as worrying about losing what we have.
This effect has been dubbed the Easterlin paradox, named after University of Southern California professor Richard Easterlin.
and suchlike stuff
a bit too little’s
I’m curious to hear your answers to these questions: How much is enough? How do we know when we have enough? What are some steps to happiness?