A New York Times Sunday Review piece by researchers Elizabeth Dunn and Michael Norton (authors of the upcoming book, “Happy Money: The Science of Spending“) says that once you’re earning $75,000 or so, you’re about as happy as you are going to be, and any extra money is just superfluous.
They also say you’re happiest when you’re sharing.
So how do we get the information to those who want All of It, even that which might help others?
Encourage them to read this blog, as it will help light their weary paths.
……as it has mine, lo these many moons.
An endorsement! Yeh, me!
I agre about the sharing, but as for the income cutoff, Oh I Want To Experiment. :D
Speaking as a self-appointed heiress, I can tell you that having fabulous riches is not all it’s cracked up to be, but yes. Walk a mile in my Fancy Stilettos.
Set me up with 75 large and I’ll walk in those stilettos all year.
So now we have your price…
…for walking in stilettos…
I once gave something to someone who had almost nothing, and that person lit up like a Christmas tree. Boy, did I feel great. Then, that person explained how happy she was to have something (the something being the thing I gave to her) that she could give to a special person in her life. That was when it hit me that the material thing is no where near as valuable as the happiness that comes from the ability to give and make someone else feel loved.
What you said.
I think that in today’s economy, the $75K figure might be in the ballpark, or maybe at $150K if you have a kid in college.
Thing is, some people simply cannot get enough. One of my law partners in the late 1980′s complained that his share in excess of $300K was not enough. He felt under compensated. REALLY??!!?
I was going to say, it needs to be a lot more than $75K with kids in college, too. We’ll have 2 in college in the fall.
You’re going to need to hold some bake sales. I still say it’s the best debt I ever incurred, but then, I’m still paying on it.
Oh, and do you want to know something about law firms?
Well, folks, lots of partners talked about transactions as is they were conveyer belts carrying cash, and the lawyer’s job was to try to siphon as much off as was possible.
I puked and got out. No, I’m no saint, not at all.