If you just received 5 million dollars
- Thread starter Kevmeister
- Start date
Did a quick search and found this clip:
Professor Andrew Oswald of the University of Warwick, UK. After studying more than 9,000 people over eight years, Oswald concluded that people who come into money are happier. The happiest among them, he further says, seem to be "highly educated, well-paid women who have jobs."
And how much money does the professor say it takes to be happy? "About $1 million, give or take a little."
Professor Andrew Oswald of the University of Warwick, UK. After studying more than 9,000 people over eight years, Oswald concluded that people who come into money are happier. The happiest among them, he further says, seem to be "highly educated, well-paid women who have jobs."
And how much money does the professor say it takes to be happy? "About $1 million, give or take a little."
funny post, 777. the best part is, while i was in college, i read "nothing down" by robert allen. i executed his system buying real estate for no money down and renting it out for positive cash flow--- geez, i was clearing $50.00 a month per unit--- however what i did not consider was what happens when everything does not work perfectly--- your tenants stop paying, the heater goes out, etc, etc. several little things like this put a quick end to my real estate investor foray. plus, when you buy property, no money down, you normally overpay for this privilege--so you can guess what happened. being a landlord sucks anyway.
enjoy !
surfer
ps. i am writing this from a new kind of bank in a cafe' ING direct. it is freaky !
Further data from the sudy...
1.5 million dollars will convert a miserable person
to a happy person.
What is interesting is, that happiness brought by
money slowly wears off after several years.
Humans seem to get accustomed to their wealth,
and it no longer makes them happy.
peace
axeman
1.5 million dollars will convert a miserable person
to a happy person.
What is interesting is, that happiness brought by
money slowly wears off after several years.
Humans seem to get accustomed to their wealth,
and it no longer makes them happy.
peace
axeman
Yup. Those guys never spend too much time in their books on "what could go wrong."
axe,
that is very true, particularly if your happiness in tied to material possessions. what happens is when you get your big house and nice cars--everyone you know either is insanely jealous or have the same or better. then you have to get a bigger house, more stuff, etc --this goes on forever until you crash or decide it is not worth pursuing. happiness has to come from within.
enjoy !
surfer
Yeeeeeep,
I have more money than most of my friends and I
have the crappiest car. lol.
I gave up the keeping up with the joneses game a
long time ago. It doesn't make me happy.
But I still want my porsche! Simply because I love
that car, and not for status. I could buy it tommorrow
for cash, but that would be soooo stupid financially
so I don't. It is not the right time.
The research on money and happiness also shows
that money does not buy happiness because of
the materialistic things you can buy, but because it
gives you control.
The reasons I want more money are:
Freedom to do what I want, when I want, and the biggie is
LACK OF WORRIES!
I dont have to worry about paying my bills.
I don't have to worry about good healthcare.
I don't have to worry about affording good meals.
I don't have to worry about random hits such as how am
I gonna pay for that water pump that just broke on my car?
I don't have to worry about losing my job because I have
enough money to look for my next one for 10 years. LOL.
Money buys me peace of mind and time.
It is a stress reducer.
Time can also be used to excercise and stay healthy.
Lack of time is the #1 thing that keeps me from excercising.
It gives you sooo many advantages that if you can't find
a way to be happy with money, then your source of
unhappiness has nothing to do with the money in
the first place. You need to work on yourself in that case.
peace
axeman
I have more money than most of my friends and I
have the crappiest car. lol.
I gave up the keeping up with the joneses game a
long time ago. It doesn't make me happy.
But I still want my porsche! Simply because I love
that car, and not for status. I could buy it tommorrow
for cash, but that would be soooo stupid financially
so I don't. It is not the right time.
The research on money and happiness also shows
that money does not buy happiness because of
the materialistic things you can buy, but because it
gives you control.
The reasons I want more money are:
Freedom to do what I want, when I want, and the biggie is
LACK OF WORRIES!
I dont have to worry about paying my bills.
I don't have to worry about good healthcare.
I don't have to worry about affording good meals.
I don't have to worry about random hits such as how am
I gonna pay for that water pump that just broke on my car?
I don't have to worry about losing my job because I have
enough money to look for my next one for 10 years. LOL.
Money buys me peace of mind and time.
It is a stress reducer.
Time can also be used to excercise and stay healthy.
Lack of time is the #1 thing that keeps me from excercising.
It gives you sooo many advantages that if you can't find
a way to be happy with money, then your source of
unhappiness has nothing to do with the money in
the first place. You need to work on yourself in that case.
peace
axeman
Quote from marketsurfer:
axe,
that is very true, particularly if your happiness in tied to material possessions. what happens is when you get your big house and nice cars--everyone you know either is insanely jealous or have the same or better. then you have to get a bigger house, more stuff, etc --this goes on forever until you crash or decide it is not worth pursuing. happiness has to come from within.
enjoy !
surfer
Excercise is a proven stress reducer.
Keeps you healthy and sharp. Need more of it.
Buying that big house is only stressful if its not easily
within your means.
Buying a 1 million dollar home for Bill Gates would not
be at all stressful.
If he bought a 20 billion dollar home however, I bet even
he would be stressing.
peace
axeman
Keeps you healthy and sharp. Need more of it.
Buying that big house is only stressful if its not easily
within your means.
Buying a 1 million dollar home for Bill Gates would not
be at all stressful.
If he bought a 20 billion dollar home however, I bet even
he would be stressing.
peace
axeman
Quote from ElCubano:
STRESS :By far the cause of more health problems..... And being healthy makes me happy....but does it really reduce stress ( not if you buy the bigger house the more expensive car and increase your stress level ten fold )
I agree with surf, happiness comes from within............