Quote:
Originally Posted by GS8
Using money as part of the formula to 'live within your means' is when money can lead to happiness i.e. saving up for something over a long period of time to avoid borrowing out of your means.
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Agreed 100%.
Growing up in a lower middle class home where I witnessed first-hand my parents struggling to make ends meet, I grew up realizing that money buys happiness to a certain extent.
I don't know about you guys, but I'm happy when I can pay my rent, my bills, put food in the fridge, take my girlfriend on a couple of nice dates, go out for beers with the boys, do a little shopping, and still have enough money to put into savings each month.
That being said, there's a fine line between being happy with getting paid and getting "addicted" to making money.
My brother is a perfect example of that. He was making $140k a year working in the finance industry but literally worked 14-16 hour days almost every day. Even when he was at home, he'd be glued to his phone with a stupid little bluetooth headset in his ear in case "work called". Eventually, he got burned out and quit after 3 years of no vacations and never taking time off. Because he realized, what's the point of clearing all that money each year if you don't have the time to enjoy it? Especially when all of his personal relationships were suffering because of it.
IMO a story like his is where money stops buying happiness and instead becomes an addiction that ceases to fulfill....