Comment by ljhsiung
6 months ago
Recent research from Killingsworth and Kahenman in 2023 [1] highlights that those most already happy have their happiness accelerated by money, while those most unhappy have their happiness plateau.
This makes some intuitive sense to me. Money provides freedom, but freedom is not happiness. It's freedom to explore, which is quite scary in and of itself. But if your mindset is proper, your creativity and appetite for exploration will be unbounded.
This also makes intuitive sense to me, and the old theory some decades back that extrinsic happiness tops out at $150k or so sounded silly to me.
There are so many reasons for someone to be miserable, and money is just one of them, and many can't be easily ridden by money.