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Happiness & Money

Categories:
Blog
Posted by: Next Level Education
2 years ago
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Happiness & Money

1)The Graph Below shows the relationship between Happiness and Money

2) One needs money to take care of expenses and comfort

3) Till the inflection point Happiness and Money will have a direct relationship

4) After the inflection point more money ceases to create more happiness. For an upper middle class house this is somewhere between Rs 1lac to Rs 2 lac

5) However people keep amassing money for a rainy day

6) Even that can be achieved after a point

7) Hence understanding when my money is good enough for my life is important

8) This could be somewhere between say Rs 1 cr. to Rs 2 cr.

9) Having achieved these numbers people are still in the rat race because they are not aware that they are preparing themselves to Die Rich and Live Poor

10) Happiness beyond expenses can still come if in our lives we educate ourselves to think big

11) Thinking Big is having a Vision and having a Vision is making a difference not for ourselves, not for our relatives and friends

12) It is about making a difference to the ecosystem / the world at large / people we do not know

13) A Vision centric life can provide more happiness

14) And unlike money the larger the vision the larger the happiness and over here the curve is Covex

15) This means larger the vision the happiness quotient grows disproportionately

16) Unfortunately without being educated on philosophy, wisdom and spirituality, this understanding dawns upon us very late in life

1)The Graph Below shows the relationship between Happiness and Money

2) One needs money to take care of expenses and comfort

3) Till the inflection point Happiness and Money will have a direct relationship

4) After the inflection point more money ceases to create more happiness. For an upper middle class house this is somewhere between Rs 1lac to Rs 2 lac

5) However people keep amassing money for a rainy day

6) Even that can be achieved after a point

7) Hence understanding when my money is good enough for my life is important

8) This could be somewhere between say Rs 1 cr. to Rs 2 cr.

9) Having achieved these numbers people are still in the rat race because they are not aware that they are preparing themselves to Die Rich and Live Poor

10) Happiness beyond expenses can still come if in our lives we educate ourselves to think big

11) Thinking Big is having a Vision and having a Vision is making a difference not for ourselves, not for our relatives and friends

12) It is about making a difference to the ecosystem / the world at large / people we do not know

13) A Vision centric life can provide more happiness

14) And unlike money the larger the vision the larger the happiness and over here the curve is Covex

15) This means larger the vision the happiness quotient grows disproportionately

16) Unfortunately without being educated on philosophy, wisdom and spirituality, this understanding dawns upon us very late in life

Tags:
#article #entrepreneurs #happiness #investments #investor #MFD #money #moneymanagement #personalfinance
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