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StockWaves > Investment Strategies > What does “extra money” offer you in life? (stunning replies inside)
Investment Strategies

What does “extra money” offer you in life? (stunning replies inside)

StockWaves By StockWaves Last updated: December 25, 2024 4 Min Read
What does “extra money” offer you in life? (stunning replies inside)
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Contents
Are Happiness and Comfort the identical?Cash and HappinessWhat do you concentrate on this subject?

What does “extra money” offer you in life?

I requested this query on twitter a number of days again and gave 3 choices to select from. Listed below are the outcomes

What does “extra money” provides you in life?

— JagoInvestor (@jagoinvestor_) November 11, 2019

A complete of 120 individuals voted on the query and I acquired the reply someplace on the strains of what I’ve all the time believed in.

Are Happiness and Comfort the identical?

Lots of people confuse “comfort” with “happiness” and therefore consider that getting ultra-rich will make them very pleased in life. They don’t notice that when they are going to get ultra-rich, they are going to be capable to afford all the pieces from good home to superb holidays, all of the devices they need and fancy vehicles.

This all will make their life tremendous straightforward and they won’t be worrying about something in life which could be purchased with cash.

However that’s not “happiness”, its “Comfort”

Cash and Happiness

There are various books written on the subject of cash and happiness and there may be tons of analysis to conclude now that a rise in happiness you get out of getting an increasing number of cash retains diminishing over time.

So could also be fairly sad if you find yourself poor since you are annoyed and don’t know the place the subsequent meal will come from.

Going from Rs 10,000 to Rs 1,00,000 (improve of 90,000) could be very totally different than going from Rs 1,00,000 to 2,00,000.

Your life fashion won’t drastically change should you earn 20 lacs a month as an alternative of 6 lacs a month. Nevertheless it absolutely is a giant change from Rs 20,000 a month to 80,000 a month.

Out of 120 individuals who voted on my tweet, 76% individuals select “extra comfort” as their reply and solely 12% select “extra happiness”. I’m positive individuals who select “extra happiness” nonetheless have to see a superb wage in life

I personally assume that you just absolutely have to intention to construct nice wealth and intention for large revenue as a result of extra money will certainly be higher than much less cash in life. At the very least you’ve one much less factor to fret in life and that’s MONEY.
Round 12% individuals additionally voted for “extra worries” as their reply. Cash can even carry bother in life at occasions, particularly in case you are not able to share the fruits of wealth with others and when you’ve got no thought how you can extract happiness out of your cash.

There are various examples on earth the place individuals have completed suicide and gone mad whereas their financial institution accounts had tens of millions. Do not forget that unhappiness can come from varied sources like relationships, well being, how you’re feeling about your self, household points and cash.

What do you concentrate on this subject?

Please share your ideas about “What does extra money offer you in life?”.

Let me make it clear that above factors are my private ideas about cash and I settle for that totally different individuals have a special expertise in life which shapes their relationship with cash. I might like to see how individuals take into consideration this subject.



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