How Much Money Do You Need For Happiness

How much money do you need for happiness? Financial ceiling and income level - how to raise it? “Happiness is not in money, but in their qua...

How much money do you need for happiness?

Financial ceiling and income level - how to raise it?

“Happiness is not in money, but in their quantity”, “money is not the main thing”, “it is better to be happy than rich” - you are probably familiar with these statements.

As the famous multimillionaire Dan Lock said: "Until the first $ 150,000, you think that happiness is in money until the first million you think that happiness is inexpensive and high-quality purchases, and after a million you begin to understand that you don't need much for happiness."

Let's figure out what happiness is.

This is freedom (including choice), good relationships, good health and nutrition. When you are optimistic about life and inspired to do something in the world.

In my opinion, in order to make it easier to feel happiness, you need to satisfy basic needs (so that there is no stress):

The roof over your head
Food
Basic clothing and care products

Calculate how much you currently spend on these 3 points and compare with your income.

If you get a minus (income minus basic needs), then most likely you live in stress and the mere thought of where to get money and how to pay haunts you. There is no time for happiness!

Attention! You may not like my recommendation.

But the truth of life is that while you worry about money, you will not be able to feel full happiness, but you will not be able to earn any more.

The solution here is one: lower your baseline costs first. Move to a cheaper apartment with lower rent and utilities. Eat simple foods: lots of soups and vegetables. Buy only the essentials at sales or second-hand stores.

Reduce costs so that you still have money left. And then, being out of stress, start working on increasing income.

If you get 0 (income minus basic needs), then the first strategy will also work for you. Study what eats the most money and reduce this part by 20-30%, and maybe more.

If you have a plus, congratulations, you are on the right track. This is where it is easiest to begin to feel happiness.

Of course, you can be happy in the first two options, but this is rather an exception.

Therefore, answering the question " how much money is needed for happiness " I will write if your income minus expenses are equal to plus, then you have all the conditions for happiness. And if there is no happiness, then it's not about money.

If we are talking about finances, then confidence in the future for a feeling of happiness is also very important.

It is achieved by accumulative programs: for many years, you save a small amount per month at% of your annual profit. A significant amount gradually accumulates, which brings a sense of stability. Many of my clients choose to make savings for 15-25 years ahead.

Of course, human nature always wants more. And here we are faced with the concept of a financial ceiling and income level.

The financial ceiling is the “stuck” of the income level within certain limits (for example, at around 100,000 rubles). And no matter how you fight, income does not increase steadily.

To raise your financial ceiling, you first need to release stress. Because stress literally overwhelms our brains and we don't see opportunities.

Second, change your environment. This will shatter the habits and routines that keep you on the same level of income. Plus, new people will bring you new ideas and opportunities.

How do I change the environment?

Start going to another sports club, to other events, to new courses in an area that you have not studied before. Tell about yourself what you do to all new people. So you will get new opportunities in the form of better work, new partners and clients.

Third, take the courage and take risks. Do what is awe-inspiring. Often do what you want to sabotage: approach a stranger first, make a business proposal, write an e-mail.