I think another side of the problem is 99% of people who are not rich are using the same score and since they are "losing" they hate the rich. If we all stop using money as the score we'd all be better off.
I think another side of the problem is 99% of people who are not rich are using the same score and since they are "losing" they hate the rich. If we all stop using money as the score we'd all be better off.
Most people have a tiny amount of savings, and are struggling to get by.
I think unfortunately for most people their expenditures rise with their income and they struggle to get ahead. I'm not saying striving to get ahead is wrong, I'm just saying some people end up treading water no matter where they are.
WSJ has definitely tried to answer "how much is enough" and googling for that returns things like
https://www.wsj.com/articles/can-money-buy-happiness-heres-w... >What matters a lot more than a big income is how people spend it.
And
https://blogs.wsj.com/wealth/2010/09/07/the-perfect-salary-f... >The Perfect Salary for Happiness: $75,000
I'm not sure there's really one answer.
So yes, there's all of that. But as i started with I am happier due to having more money. There are all sorts of things I'm able to just do without thinking about it now, things where I'd previously need to consider "if I do X I wont be able to do Y next week". I don't have to trade a retirement savings for a comfortable lifestyle. I'm able to afford more and better leisure activities. And then, to tie it back to your side, I go visit my friends who make twice as much as I do and I realize how much better off I could be.
That and confirming the aspect the person I was replying to had mentioned where as income increases one tends to change the goalposts.
https://www.forbes.com/sites/karstenstrauss/2017/02/08/the-5...