Author Topic: Happiness costs $75,000 apparently  (Read 8817 times)

gib

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Happiness costs $75,000 apparently
« on: September 07, 2010, 12:32:29 AM »
http://www.admart.asia/en/HK/WeChat/Money-and-Investing/page1/1297

Seems most of us at getbig can afford to be happy...

gib

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Re: Happiness costs $75,000 apparently
« Reply #1 on: September 07, 2010, 12:52:40 AM »
The basic principle here, by the way is that money provides diminishing returns of happiness (a bit like steroid dosages). Up to a certain amounts (ie 75K, it will increase your happiness), but after that the additional increases don't bring about the same incrimental increase in happiness...

Matt C

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Re: Happiness costs $75,000 apparently
« Reply #2 on: September 07, 2010, 12:54:38 AM »
The basic principle here, by the way is that money provides diminishing returns of happiness (a bit like steroid dosages). Up to a certain amounts (ie 75K, it will increase your happiness), but after that the additional increases don't bring about the same incrimental increase in happiness...

Makes sense.  You can be quite comfortable on 75K annually.  I for one am certainly not jealous of some old ugly billionaire.  I would rather be young and not have a billion dollars.  Money certainly relates to happiness though but the law of diminishing returns makes sense to be applicable here.
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Wiggs

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Re: Happiness costs $75,000 apparently
« Reply #3 on: September 07, 2010, 12:57:53 AM »
Makes sense.  You can be quite comfortable on 75K annually.  I for one am certainly not jealous of some old ugly billionaire.  I would rather be young and not have a billion dollars.  Money certainly relates to happiness though but the law of diminishing returns makes sense to be applicable here.

Fuck that I'd rather be old, wise and rich....Youth is overrated especially if you're not rich.
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Tyr

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Re: Happiness costs $75,000 apparently
« Reply #4 on: September 07, 2010, 01:00:30 AM »

Happiness comes with a price tag?  :-\

gib

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Re: Happiness costs $75,000 apparently
« Reply #5 on: September 07, 2010, 01:14:18 AM »
Happiness comes with a price tag?  :-\

Basically, yes it does. We all need food, shelter, health, safety etc before we can be "comfortable". After that a bit more money still provides some additional happiness, but not as much as the initiall happiness you get from the basics.

James Blunt

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Re: Happiness costs $75,000 apparently
« Reply #6 on: September 07, 2010, 01:17:32 AM »
A lot of people aren't even happy. They're just comfortable and living to die in their meaningless life. Just waiting for the next season of desperate houswives so they have something to discuss in the grocery line. Life is ridiculous lol.

Here's Maslows hierarchy of needs anyways.


gib

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Re: Happiness costs $75,000 apparently
« Reply #7 on: September 07, 2010, 01:24:56 AM »
I would say I am somewhere in between Esteem and Self Actualization.

Whrere would you say most IFBB pros are at? And has Kai reached Self Actualization?

Tyr

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Re: Happiness costs $75,000 apparently
« Reply #8 on: September 07, 2010, 01:27:16 AM »
Basically, yes it does. We all need food, shelter, health, safety etc before we can be "comfortable". After that a bit more money still provides some additional happiness, but not as much as the initiall happiness you get from the basics.


True.
But at the same time you can't affix a (monetary) price tag on happiness. Plenty of natives live off the land and raise  their families without our civilized mess constraining them. At the end of the day they probably lead a happier life minus all the distractions we can't do without.

gib

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Re: Happiness costs $75,000 apparently
« Reply #9 on: September 07, 2010, 01:32:07 AM »

True.
But at the same time you can't affix a (monetary) price tag on happiness. Plenty of natives live off the land and raise  their families without our civilized mess constraining them. At the end of the day they probably lead a happier life minus all the distractions we can't do without.

agree - I think the study was based on people living in New York. For natives, the cost would obviously be much lower if you were to measure it in USD - basically whatever it would cost for the basics of food, shelter etc. So in Africa, where people are at the poverty level, the cost might be USD 5K, perhaps.

Tyr

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Re: Happiness costs $75,000 apparently
« Reply #10 on: September 07, 2010, 01:43:43 AM »
agree - I think the study was based on people living in New York. For natives, the cost would obviously be much lower if you were to measure it in USD - basically whatever it would cost for the basics of food, shelter etc. So in Africa, where people are at the poverty level, the cost might be USD 5K, perhaps.

There is a happiness scale that measures quality of life - gross national happiness - started off on (but not limited to ) Buddhist values.
Sort of like GDP for the new age.

 Africa is a troubled continent It'd take more than just money to set things right there.

wes

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Re: Happiness costs $75,000 apparently
« Reply #11 on: September 07, 2010, 01:49:56 AM »
I would rather be young and not have a billion dollars.
Which you are, but inevitably you will get old and still not have a billion dollars!!

Just trying to cheer you up bud!!  :)

gib

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Re: Happiness costs $75,000 apparently
« Reply #12 on: September 07, 2010, 01:52:11 AM »
Which you are, but inevitably you will get old and still not have a billion dollars!!

Just trying to cheer you up bud!!  :)

HAHAHAHHAHAHAHHA

gib

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Re: Happiness costs $75,000 apparently
« Reply #13 on: September 07, 2010, 02:05:12 AM »
Here's a question for you guys -If you could have 1 million dollars given to you, but in return you had to lose all your muscle mass so that you got down to say 75kg (ie pretty skinny) and you could never again gain any size or muscle, would you take up that offer? What would give you more happiness - the muscle or the money?

_bruce_

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Re: Happiness costs $75,000 apparently
« Reply #14 on: September 07, 2010, 03:01:59 AM »
2000 € a month can provide good living, though there's not too much room for an expensive car, huge flat and so on.
4000 € would be the bomb.
.

Tito24

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Re: Happiness costs $75,000 apparently
« Reply #15 on: September 07, 2010, 03:02:43 AM »
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Re: Happiness costs $75,000 apparently
« Reply #16 on: September 07, 2010, 03:24:41 AM »
A lot of people aren't even happy. They're just comfortable and living to die in their meaningless life. Just waiting for the next season of desperate houswives so they have something to discuss in the grocery line. Life is ridiculous lol.

Here's Maslows hierarchy of needs anyways.



Maybe I'm a sad human being and a loner but love/friendship section would be on the top for me. For my mental health me is more important than others.

Tito24

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Re: Happiness costs $75,000 apparently
« Reply #17 on: September 07, 2010, 03:33:04 AM »

makaveli25

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Re: Happiness costs $75,000 apparently
« Reply #18 on: September 07, 2010, 05:53:01 AM »


What the hell is going on in that picture  ;D

affeman

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Re: Happiness costs $75,000 apparently
« Reply #19 on: September 07, 2010, 05:55:53 AM »
I have 75k$, but I'm far from happy. What am I doing wrong?

BayGBM

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Re: Happiness costs $75,000 apparently
« Reply #20 on: September 07, 2010, 06:20:58 AM »
Makes sense.  You can be quite comfortable on 75K annually.  I for one am certainly not jealous of some old ugly billionaire.  I would rather be young and not have a billion dollars.  Money certainly relates to happiness though but the law of diminishing returns makes sense to be applicable here.

x2 except for the dollar amount.  In California I'd put the figure at $150,000.  I, too, would rather be young than have a billion dollars.  With age comes illness and other physical restrictions that you cannot begin to imagine when you are young.  When you're 25 your body just works the way it is supposed to.  That begins to change after 35-40.  You'll see . . . :-\

In addition, happiness is related to personality type.  If you are "happy" (whatever that means) with a modest amount of money, then you will be happy with a lot more money.  If you are unhappy, cynical, easy to anger, etc. with little money, you will be the same with a lot of money.  I once read in a comic book that "powers" don't make a superhero; they augment you.  That is to say, super powers make you more of what you already are.  I think the same is true of money.

kiwiol

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Re: Happiness costs $75,000 apparently
« Reply #21 on: September 07, 2010, 06:33:41 AM »
The whole 'too much money won't make you happy' spiel is no more true than estimating the point of diminishing returns - it's just stuff people who don't have "too much money" say, to make themselves feel better. You don't know if a billion dollars will make you happy or not, unless you have it and even then it depends on various factors such as whether you earned it or inherited it, among others.

Which you are, but inevitably you will get old and still not have a billion dollars!!

Just trying to cheer you up bud!!  :)

LOL ;D

Ex Coelis

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Re: Happiness costs $75,000 apparently
« Reply #22 on: September 07, 2010, 06:38:24 AM »

In addition, happiness is related to personality type.  If you are "happy" (whatever that means) with a modest amount of money, then you will be happy with a lot more money.  If you are unhappy, cynical, easy to anger, etc. with little money, you will be the same with a lot of money.  I once read in a comic book that "powers" don't make a superhero; they augment you.  That is to say, super powers make you more of what you already are.  I think the same is true of money.

you should watch the movie Unbreakable with Bruce Willis and Samuel L. Jackson (if you haven't already)


BayGBM

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Re: Happiness costs $75,000 apparently
« Reply #23 on: September 07, 2010, 06:41:14 AM »
you should watch the movie Unbreakable with Bruce Willis and Samuel L. Jackson (if you haven't already)

Saw it.  A poor execution of a brilliant idea.  BW & MNS (with or without SJ) are ostensibly working on parts II and III; it was originally conceived as a trilogy.

G_Thang

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Re: Happiness costs $75,000 apparently
« Reply #24 on: September 07, 2010, 06:50:57 AM »
outside of NY n Cal...i've always said 72k was the magic number...given you walk away with 4k after taxes, insur, etc.  it's like a 100k+ salary esp in the southern states.  1k mortgage  in TX =



vs Cal



 :(


anyway....good money if you are single w/no debt.