Apr 2, 2021 5:14 AM
SenseiTheDefender
101441
2936
61
copingcabana
Poor people in the US don't have basic needs or financial stability
EnderPanda13
Literally all my problems can be solved with money
Jackthwolf
I've always thought the correct use of the term is "leave time outside of work for life". aimed @ those who work at the expense of happiness
LadyNetrex
Can't buy it? Sure. But it sure as hell can remove a lit of sadness and things holding you back from happiness.
Chaalse
As an economist, I wholeheartedly agree. Diminishing Marginal Utility ftw.
RealScienceMan
Money buys safety and security which is a big barrier to happiness.
tarataqa
Curii
I'm willing to try this as an experiment. Anyone wish to lend me a few million?
DamascusFire
Meaning the people who keep saying this shit are hypocrits, no?
Jinxies
yeah and 'Pull yourself up by your bootstraps' means it's impossible to achieve great things by yourself, but idiots will keep misusing them
AWarningToOthers
I would be fine to ugly cry in a porsche 911.
MeshHatMafia
“Money doesn’t buy happiness, but you can use that money to make people you don’t like unhappy” - Dan Cummins
KurtHamster
bronx72a
I’ve never been crazy about the “things you cannot change” and “do something over and over” ones, for the same reason. Often used smarmily.
Dreggbo
"Money can't buy happiness" is such a crap saying. It's easier to cry in your BMW then a broken down Toyota Corolla.
UKallikat
I prefer to use a Bentley and a bicycle in that analogy, but yeah.
dumbinsults
Sauce: https://www.amazon.com/Primitives-Kathy-10-Inch-Money-Happiness/dp/B005N135VW
AnotherReplyToIgnore
No, it means the search for gratification is a symptom of misery. People that do good with who they are will find joy in every moment.
PeterMus
If poverty has proven anything - it's that providing for the basic needs of your children is a great joy for those who do.
redgiantcreative
My late, great father used to say "Money can't buy you happiness, but it can buy you time...and time provides you happiness."
YourIceCreamMan
Money can't buy happiness, but money can Rent a Lot of happiness
thesmelge
Money can't directly buy happiness, but it makes it easier to attain.
TheotherBudwhite
indeed
adiving
I've been at points in my life where I would have killed for even basic financial security...
terribletruth
Money doesn't buy happiness basically after 70-100k salary. That's when the diminishing returns kick in according to one study
DaOutlaw
A 2010 Princeton study determined that a 75k annual salary was the "happiness" sweet spot. The current estimate is apparently 85k/yr ?♂️
LaughingInTheFaceOfDanger
Money doesn't buy happiness but it definitely improves the quality of my misery.
MarkoffChaney
"Money can't buy happiness but financial security helps you to achieve it."
morelikeconsham
"Money can't buy happiness but being poor sure as fuck causes unhappiness"
NarratesTheDarkerStory
You said it better than my 5 comments that lost track of the point. but this. Turns out the stress causing me panic attacks and strings of¹
sleepless nights and days of not eating followed by days of overeating, basically boiled down to "I can't afford this/I have no healthcare"
So, yeah, increase minimum wages, do away with the bullshit Contract and Temp positions to avoid giving employees 'benefits'
Also the cost of living should be lower, so we wouldn't need to stress about our basic needs.
etopsirhc
idk, i'd be pretty happy with enough money to tinker on all the cool project ideas i have but cant afford.
CSlice06
Did you even read the post?
Syrpynt
Thought the same thing but car parts are $$$ & seem endless. Supposed to have my car running again 4mo. ago--Got 2 more yrs to go this rate
ovelanimimerkki
That's the point. If ya got billion dollars another million doesn't mean shit to you, at that point it's just compound interest. But if you>
don't have enough money to live doing what you enjoy doing, and have to work a job you hate for less money than it's worth, 1mil is nice AF.
Gosuamakenatek
Exactly, that would be putting your money to use. You think Jeff Bezos actually uses that money for cool projects, or just hordes 99% of it?
BenderBenderBender
That’s where “diminishing return” comes in. Example: Let’s say your total net worth doubles every year. At first, you’re ecstatic that >>
<< you have some extra money for nonessential expenses (Treat yo self!). Then you’re thrilled that you can afford a few projects AND a >>
<< vacation. Later on, you finish all your project ideas since you now have a staff to help. At some point it goes from “OMG!!” to “ehh”. >>
<< Money can’t buy you happiness, but it can provide the resources or means to do things that make you happy. Up to a certain extent.
IamNotAshamed
Yeah, but some people in your position can't stop chasing additional wealth as they look for happiness. And replace the things in their life
with more expensive things of the same type, while their life doesn't change.
6313326
It would be pretty nice to have enough money to just be Gomez Addams. "What are you up to?" "Whatever crazy-arse hobbies float my boat!"
potshot
The way diminishing returns work is that while being insanely rich adds some happiness for each additional hobby you can indulge in, the (1)
core block, so to speak, of your happiness, is "unlocked" much earlier. Like if you enjoy being boating, the barebones but serviceable(2)
motorboat has a much bigger return on investment than being able to afford the luxurious sunseeker.(3)
Oh, no - I get that. I've gone from food stamp/WIC eligibility to relative comfort. That pivot point from constant worry to not constant¹
²worry is HUGE. It makes such a profound difference in QoL. Everything after is just gravy. Gravy is nice, but it won't change fundamentals.
Alamagordo
It's very well known that money does but happiness up to a point. It's where all your needs are easily met, with enough left over for fun
m4dm4n
There must be a graph with a curve on it somewhere to illustrate this.
nakedasajaybird
Money may not buy happiness, so guess I'll have to rent it
whyoudomelikethis
https://www.vice.com/en/article/g5bm4b/money-actually-can-buy-happiness-study-says
ohnoofcourseyourright
The super rich sure spend alot to keep more of that non happiness making money
I believe they do it because at that point the only thing that brings them happiness is other people's misery
Iupvotecavaliers
Maslow's Hierarchy of Needs
pareidoliaperson
I meet some of my physiological needs and have friends. Failing bigly for the rest.
nextgenericusername
Tolkien's Lord of the Rings
SithElephant
Just being able to consider other items than 'absolute cheapest' is so freeing.
I miss ignoring coupons completely.
wanderingcatlady21
When I told my therapist I want to make more money, he told me this, and that the limit was $80k (USD). I made like 1/3 that, at the time ?
Mairoa
I'm glad my boss grew up poor and gets that lack of money makes you suuuuuuper unhappy
junkgoof
Right. It’s fine and normal to struggle yo be confortable, even rich. It’s psychopathic to abuse people for additional billions.
mydadbeatmewithjumpercables
Then to go on tv with your millions and say moneys overrated and you dont understand why its so important to so many people, but hoard it
Anyways while flaunting how generous you are by donating what equates to pennies
"But I might need all this extra, um, because maybe."
10 years at or just above poverty line. I am 4 months into a position that tripled my salary. Has done more for my anxiety than drugs and¹
therapy combined. So yeah, if you are an unhappy miser with money, that's one thing. but elevating someone out of financial insecurity ²
is insanely euphoric. And all I had to do was not have kids and be content with owning everything years after their peak. Dudes! PS2 is so³
fucking amazing. they really tried with those games, you know? But in all seriousness, I cannot wait to donate to Great Plains SPCA!⁴
I've donated my time for years, but there are few days where they have a shortage of dog walkers. can't wait to bust out a check!
SirDuddleZboob
This point was estimated to be around 7500€/month for your average european country. Above this, more money wouldn't trigger a rise in happy
shibbytothelibby
Fuck man, I could do with 7500€ a month for sure.
SecondAccountforDoingOtherShit
In most parts of the US its 75k-100k a year. LA, SF, NY places like that it might be higher. But for most that's enough.
Beezlebubble
Ya I make 50k and I'm ok rn. If I made 75k I'd be real happy cause debts would be paid more easily and I could focus on my hobbies
MargarineMeadows21
False. As someone who makes just over 100K but has oppressive student loans, pump those happiness numbers up to about 200K +
JeffwiththeNukes
My wife an I talk about this all the time. If we didn't have debt how much better off we would be.
A bad assumption tho is that rich ppl are chasing happy Theyre not Theyre chasing power A sense of control Affording dessert means 0 to them
loma45
Well, I'd argue that a lot of them are CHASING happy but don't really know how to get there. So they collect more money trying to.
longshorttermmemorynetwork
Power, legacy, prestige. But the company they keep make the lack of those quite miserable.
copingcabana
Poor people in the US don't have basic needs or financial stability
EnderPanda13
Literally all my problems can be solved with money
Jackthwolf
I've always thought the correct use of the term is "leave time outside of work for life". aimed @ those who work at the expense of happiness
LadyNetrex
Can't buy it? Sure. But it sure as hell can remove a lit of sadness and things holding you back from happiness.
Chaalse
As an economist, I wholeheartedly agree. Diminishing Marginal Utility ftw.
RealScienceMan
Money buys safety and security which is a big barrier to happiness.
tarataqa
Curii
I'm willing to try this as an experiment. Anyone wish to lend me a few million?
DamascusFire
Meaning the people who keep saying this shit are hypocrits, no?
Jinxies
yeah and 'Pull yourself up by your bootstraps' means it's impossible to achieve great things by yourself, but idiots will keep misusing them
AWarningToOthers
I would be fine to ugly cry in a porsche 911.
MeshHatMafia
“Money doesn’t buy happiness, but you can use that money to make people you don’t like unhappy” - Dan Cummins
KurtHamster
bronx72a
I’ve never been crazy about the “things you cannot change” and “do something over and over” ones, for the same reason. Often used smarmily.
Dreggbo
"Money can't buy happiness" is such a crap saying. It's easier to cry in your BMW then a broken down Toyota Corolla.
UKallikat
I prefer to use a Bentley and a bicycle in that analogy, but yeah.
dumbinsults
dumbinsults
Sauce: https://www.amazon.com/Primitives-Kathy-10-Inch-Money-Happiness/dp/B005N135VW
AnotherReplyToIgnore
No, it means the search for gratification is a symptom of misery. People that do good with who they are will find joy in every moment.
PeterMus
If poverty has proven anything - it's that providing for the basic needs of your children is a great joy for those who do.
redgiantcreative
My late, great father used to say "Money can't buy you happiness, but it can buy you time...and time provides you happiness."
YourIceCreamMan
Money can't buy happiness, but money can Rent a Lot of happiness
thesmelge
Money can't directly buy happiness, but it makes it easier to attain.
TheotherBudwhite
indeed
adiving
I've been at points in my life where I would have killed for even basic financial security...
terribletruth
Money doesn't buy happiness basically after 70-100k salary. That's when the diminishing returns kick in according to one study
DaOutlaw
A 2010 Princeton study determined that a 75k annual salary was the "happiness" sweet spot. The current estimate is apparently 85k/yr ?♂️
LaughingInTheFaceOfDanger
Money doesn't buy happiness but it definitely improves the quality of my misery.
MarkoffChaney
"Money can't buy happiness but financial security helps you to achieve it."
morelikeconsham
"Money can't buy happiness but being poor sure as fuck causes unhappiness"
NarratesTheDarkerStory
You said it better than my 5 comments that lost track of the point. but this. Turns out the stress causing me panic attacks and strings of¹
NarratesTheDarkerStory
sleepless nights and days of not eating followed by days of overeating, basically boiled down to "I can't afford this/I have no healthcare"
NarratesTheDarkerStory
So, yeah, increase minimum wages, do away with the bullshit Contract and Temp positions to avoid giving employees 'benefits'
MarkoffChaney
Also the cost of living should be lower, so we wouldn't need to stress about our basic needs.
etopsirhc
idk, i'd be pretty happy with enough money to tinker on all the cool project ideas i have but cant afford.
CSlice06
Did you even read the post?
Syrpynt
Thought the same thing but car parts are $$$ & seem endless. Supposed to have my car running again 4mo. ago--Got 2 more yrs to go this rate
ovelanimimerkki
That's the point. If ya got billion dollars another million doesn't mean shit to you, at that point it's just compound interest. But if you>
ovelanimimerkki
don't have enough money to live doing what you enjoy doing, and have to work a job you hate for less money than it's worth, 1mil is nice AF.
Gosuamakenatek
Exactly, that would be putting your money to use. You think Jeff Bezos actually uses that money for cool projects, or just hordes 99% of it?
BenderBenderBender
That’s where “diminishing return” comes in. Example: Let’s say your total net worth doubles every year. At first, you’re ecstatic that >>
BenderBenderBender
<< you have some extra money for nonessential expenses (Treat yo self!). Then you’re thrilled that you can afford a few projects AND a >>
BenderBenderBender
<< vacation. Later on, you finish all your project ideas since you now have a staff to help. At some point it goes from “OMG!!” to “ehh”. >>
BenderBenderBender
<< Money can’t buy you happiness, but it can provide the resources or means to do things that make you happy. Up to a certain extent.
IamNotAshamed
Yeah, but some people in your position can't stop chasing additional wealth as they look for happiness. And replace the things in their life
IamNotAshamed
with more expensive things of the same type, while their life doesn't change.
6313326
It would be pretty nice to have enough money to just be Gomez Addams. "What are you up to?" "Whatever crazy-arse hobbies float my boat!"
potshot
The way diminishing returns work is that while being insanely rich adds some happiness for each additional hobby you can indulge in, the (1)
potshot
core block, so to speak, of your happiness, is "unlocked" much earlier. Like if you enjoy being boating, the barebones but serviceable(2)
potshot
motorboat has a much bigger return on investment than being able to afford the luxurious sunseeker.(3)
6313326
Oh, no - I get that. I've gone from food stamp/WIC eligibility to relative comfort. That pivot point from constant worry to not constant¹
6313326
²worry is HUGE. It makes such a profound difference in QoL. Everything after is just gravy. Gravy is nice, but it won't change fundamentals.
Alamagordo
It's very well known that money does but happiness up to a point. It's where all your needs are easily met, with enough left over for fun
m4dm4n
There must be a graph with a curve on it somewhere to illustrate this.
nakedasajaybird
Money may not buy happiness, so guess I'll have to rent it
whyoudomelikethis
https://www.vice.com/en/article/g5bm4b/money-actually-can-buy-happiness-study-says
ohnoofcourseyourright
The super rich sure spend alot to keep more of that non happiness making money
Alamagordo
I believe they do it because at that point the only thing that brings them happiness is other people's misery
Iupvotecavaliers
Maslow's Hierarchy of Needs
pareidoliaperson
I meet some of my physiological needs and have friends. Failing bigly for the rest.
nextgenericusername
Tolkien's Lord of the Rings
SithElephant
Just being able to consider other items than 'absolute cheapest' is so freeing.
m4dm4n
I miss ignoring coupons completely.
wanderingcatlady21
When I told my therapist I want to make more money, he told me this, and that the limit was $80k (USD). I made like 1/3 that, at the time ?
Mairoa
I'm glad my boss grew up poor and gets that lack of money makes you suuuuuuper unhappy
junkgoof
Right. It’s fine and normal to struggle yo be confortable, even rich. It’s psychopathic to abuse people for additional billions.
mydadbeatmewithjumpercables
Then to go on tv with your millions and say moneys overrated and you dont understand why its so important to so many people, but hoard it
mydadbeatmewithjumpercables
Anyways while flaunting how generous you are by donating what equates to pennies
m4dm4n
"But I might need all this extra, um, because maybe."
NarratesTheDarkerStory
10 years at or just above poverty line. I am 4 months into a position that tripled my salary. Has done more for my anxiety than drugs and¹
NarratesTheDarkerStory
therapy combined. So yeah, if you are an unhappy miser with money, that's one thing. but elevating someone out of financial insecurity ²
NarratesTheDarkerStory
is insanely euphoric. And all I had to do was not have kids and be content with owning everything years after their peak. Dudes! PS2 is so³
NarratesTheDarkerStory
fucking amazing. they really tried with those games, you know? But in all seriousness, I cannot wait to donate to Great Plains SPCA!⁴
NarratesTheDarkerStory
I've donated my time for years, but there are few days where they have a shortage of dog walkers. can't wait to bust out a check!
SirDuddleZboob
This point was estimated to be around 7500€/month for your average european country. Above this, more money wouldn't trigger a rise in happy
shibbytothelibby
Fuck man, I could do with 7500€ a month for sure.
SecondAccountforDoingOtherShit
In most parts of the US its 75k-100k a year. LA, SF, NY places like that it might be higher. But for most that's enough.
Beezlebubble
Ya I make 50k and I'm ok rn. If I made 75k I'd be real happy cause debts would be paid more easily and I could focus on my hobbies
MargarineMeadows21
False. As someone who makes just over 100K but has oppressive student loans, pump those happiness numbers up to about 200K +
JeffwiththeNukes
My wife an I talk about this all the time. If we didn't have debt how much better off we would be.
SecondAccountforDoingOtherShit
A bad assumption tho is that rich ppl are chasing happy Theyre not Theyre chasing power A sense of control Affording dessert means 0 to them
loma45
Well, I'd argue that a lot of them are CHASING happy but don't really know how to get there. So they collect more money trying to.
longshorttermmemorynetwork
Power, legacy, prestige. But the company they keep make the lack of those quite miserable.