Money doesnt buy happiness.

Money buys medical care, that leads to happiness.

It buys good food, which leads to happiness.

it buys shelter and transportation, that leads to happiness.

Having money removes one of the biggest, most miserable stressors in the vast majority of peoples lives.. Which leads to more happiness.

It offers freedom to splurge and do something for yourself, which improves your happiness.

Money cant buy happiness, but money can buy a fuckload of the things you need to give you happiness.

This statement is only ever said by the truly rich.

At a point, more money can't buy more happiness.

Guess what, economic stability and security buys quite a lot of happiness.

No shit.

The whole premise that ‘money can’t buy happiness’ is a tool for the ruling class to try and make the poors become content with their poverty and not try to do anything about the inequality.

I'd be just as happy with one trillion as I'd be with one billion.

I'd be a lot happier with one million than I'd be with one thousand.

I'd say the cap for happiness for me personally is somewehere between 10 and 50 million dollar. Enough to never think about money again.

Money buys options.

If you have more money, typically you have a greater pool of options to choose from in all avenues of life.

When your finances are desperate or non existent, so are your options.

Money doesn't buy happiness but poverty sure buys unhappiness.

Money buys security and stability. The whole "money doesn't buy happiness" schtick is just something rich people tell poor people to keep them in line. Or so they think

"Oh hey, we found people who could afford to choose not to work for miserable employers are happier"

Duh, I'd rather be miserable with money than miserable with no money.

who’s “we,” bub

money can't buy happiness, but misery is priceless...

Fuck right off.

If this surprises you, you never had to worry about how you are going to pay next month's rent

Yes.

Well, obviously - up to a certain degree at least.

If something breaks and needs to be replaced, having enough money to replace it without needing to then cut back on money used to buy food or whatever is great. Imagine for example your car broke down and you'd have to save months to be able to afford a repair.

But beyond being able to afford basic needs, good food and the likes (and also go out every now and then), I'd say having more money/income has diminishing returns.

I'm by no means rich, but I realized after a few paycheck raises when I was at a level where it didn't bother me much when things needed to be replaced or where a small price increase for items at the supermarket didn't concern me anymore, that then adding more money to that doesn't really boost my emotional well-being by a lot anymore.

One area where I realize that from time to time is my computer. I upgrade some part of it at least once or twice a year. But I rarely upgrade/change anything about my computer because I'm unhappy about something, it's mostly me falling for marketing and hype I suppose. I got a 3080 at launch day (for a relatively normal price of 799,-€ back then), and of course I thought it was a great card, but when I tested out some used GPUs I organized for family/friends during the pandemic I didn't really mind. I checked out a GTX 1060 for a few days and I honestly didn't even think about having downgraded to a 1060 from a 3080 after an hour or two. I obviously had to lower the graphics settings of most games, but they ran well enough and I enjoyed gaming as much as ever.

That being said, if my GPU was a 1060 today, I'd probably be a lot less happy compared to 2021, because quite a few modern titles are borderline unplayable with a 1060. But even today, I don't think I'd enjoy gaming less with say a Radeon 6600 XT.

So, there's a certain threshold that also depends a lot on what your hobbies actually are. Gaming is relatively cheap compared to I don't know ... racing cars on a race track. So if that's one of your hobbies, your threshold might be higher than mine, if it's drawing it might be lower etc.

This is the best summary I could come up with:

A paper Kahneman co-authored with Matthew Killingsworth and Barbara Mellers in 2023 concluded that the 2010 research had overstated the plateau effect because it used an unreliable method of measuring happiness from a Gallup survey, which asked study subjects to recall if they smiled the previous day.

"Income might have this protective effect against experiencing certain negative emotions, but it doesn't necessarily bring us joy on a day-to-day basis," he said.

Back in 2017, Jessie Golem, a photographer and videographer from Hamilton, was working four precarious jobs, including one for a volunteer organization that she hoped would open some doors.

When Golem was enrolled in Ontario's basic income pilot program, she was able to focus on her better-paying work as a freelance photographer, knowing her rent would be covered regardless of whether her invoices had been paid promptly.

She said it was satisfying to see her efforts on the business "turning into real-world money," and it helped that she was no longer in a constant state of worry about what she'd do if the car or computer she uses for work broke down.

Eventually, Hu was part of a successful startup that significantly improved his circumstances and launched his lucrative career in software engineering.

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They must have a mouse in their pocket....who the fuck is we? Rich people?

It doesn't buy poverty, either

No shit? Well next they'll be telling us private healthcare maybe wasn't the super best idea we've ever had and that good things are better than bad things! Truly preposterous!

Money can't buy happiness but it can buy your preferred form of misery.

I guess that sense of agency over our suffering is a kind of happiness.