The hard part is that point moves. I have very few problems. And insurance covers some things (supposedly). But if my spouse died and I suddenly had to throw child care into the mix, and changing my schedule to be the one that takes them to/from school… I could easily wind up where new problems form. I thought I had enough money, but I only had enough money for the specific circumstances
Some people stressed about paying rent.
Some people stressed about paying mortgage.
Some people stressed about paying loan on their investment.
Some people stressed about being assassinated on the street.
It’s more of a gratitude and cash flow issue.
You can stopped at any point, but most people just want more.
There was a study about that around 15 years ago and the number was $78,000. Money does make you happy and solve problems to an extent, or rather it eliminates miserable situations created by poverty. Beyond that though, it’s up to you to find happiness. This was 15 years ago, so that number is probably double now.
I feel like there’s got to be a point on the curve where the money to problems ratio is just right lol.
The hard part is that point moves. I have very few problems. And insurance covers some things (supposedly). But if my spouse died and I suddenly had to throw child care into the mix, and changing my schedule to be the one that takes them to/from school… I could easily wind up where new problems form. I thought I had enough money, but I only had enough money for the specific circumstances
Yeah, there’s definitely a z-axis on that graph which represents time. Good point.
Some people stressed about paying rent. Some people stressed about paying mortgage. Some people stressed about paying loan on their investment. Some people stressed about being assassinated on the street.
It’s more of a gratitude and cash flow issue. You can stopped at any point, but most people just want more.
There was a study about that around 15 years ago and the number was $78,000. Money does make you happy and solve problems to an extent, or rather it eliminates miserable situations created by poverty. Beyond that though, it’s up to you to find happiness. This was 15 years ago, so that number is probably double now.