This one was a big problem for me in the past โฆ
That tiny graph shows that no matter where our current salary is ๐ฒ๐๐ฒ๐ฟ๐๐ฏ๐ผ๐ฑ๐ ๐๐ฎ๐ป๐๐ ๐ฎ ๐๐ถ๐ป๐ ๐ฏ๐ถ๐ ๐บ๐ผ๐ฟ๐ฒ ๐๐ต๐ฎ๐ป ๐๐ต๐ฒ๐ ๐ต๐ฎ๐๐ฒ ๐๐ผ ๐ณ๐ฒ๐ฒ๐น ๐ต๐ฎ๐ฝ๐ฝ๐/๐น๐ฒ๐๐ ๐๐๐ฟ๐ฒ๐๐๐ฒ๐ฑ.
We donโt realize that happiness has nothing to do with how much we earn (unless you are one of those geniuses who knows how to use money to buy happiness).
This is also THE reason why our economies keep on chugging along & growing over the long term.
Everybody wants more!
But you donโt NEED everything you WANT.
Our expectations around money are all out of whack.
Part of the issue is that we seem to have blurred the distinction between a want & a need.
Do you know the difference?
And act accordingly?
Daily?
๐ผ๐ง๐ ๐ฎ๐ค๐ช ๐๐๐ก๐ ๐ฉ๐ค ๐จ๐ฉ๐๐ฅ ๐ค๐๐ ๐ฉ๐๐ ๐๐๐๐ค๐ฃ๐๐ ๐ฉ๐ง๐๐๐๐ข๐๐ก๐ก?
If yes, congrats on getting off the Hedonic Treadmill.
With Hedonic Treadmill I mean the one that some people are constantly running on because their neighbour – or the people on television & social media – APPEAR to be richer than them.
Keeping up with the Joneses (I don’t even know who they are) – who incidentally might be heavily indebted & unhappy behind the faรงade that they present to us – appears to be the main objective that people (= the others) work in a stressful job, so as to make enough money to have a stress-free life.
Does anyone else see any irony in this?
“If you already live a comfortable life, then choosing to make more money but live a worse daily life is a bad trade.
And yet, we talk ourselves into it all the time. We take promotions that pay more, but swallow our free time. We already have a successful business, but we break ourselves trying to make it even more successful.
Too much focus on wealth, not enough focus on lifestyle.โ โ James Clear
โTodayโs economy is good at generating three things: wealth, the ability to show off wealth, and great envy for other peopleโs wealth.โโ Morgan Housel, Same as Ever