Fiology Lesson 24: Net Worth ≠ Net Happiness


Having money makes aspects of our lives easier, but does it make us happier? Studies indicate a direct relationship between annual salary and happiness up to about $75K. After that, the relationship becomes less relevant. We discover many things about ourselves on our Financial Independence journey, our happiness as it relates to our building wealth is of the utmost importance to explore. After all, isn’t happiness the point of it all? And if, after a certain point, it becomes less about the dollar amount, it make sense to focus on the subject of happiness separate and apart from net worth.

Watch:  How to be Happy, Rich, and Save the World  by Pete Adeney of mrmoneymustache.com

Read:  Money can buy happiness, but only to a point  by Mark Fahey of cnbc.com

Read:  Happiness is the Only Logical Pursuit  by Pete Adeney of mrmoneymustache.com

Read:  The Secret To Happiness… And Why It Has Nothing To Do With Money  by Todd Tresidder of financialmentor.com

Read:  How Does Valuing Money Affect Your Happiness? | Greater Good …  by Jill Suttie of greatergood.berkeley.edu

Action:  Watch 10 Habits of Happy People – How To Be Happy  by Practical Psychology on YouTube and in conjunction with what we discovered in the other resources in this lesson, put a process in place to do something different than you do now with the intent of increasing your happiness level.

Additional Resources:

Read:  The Practical Benefits of Outrageous Optimism  by Pete Adeney of mrmoneymustache.com

Read:  How to Be Happy: 23 Ways to Be Happier  by Tchiki Davis, Ph.D. of psychologytoday.com

Quote: “Folks are usually about as happy as they make their minds up to be.” – Abraham Lincoln

Leave a Comment


Fiology.com uses content created by other sites to convey information. Fiology.com does not receive financial compensation from any referred site. Other sites are used to provide unique content on a particular topic of interest. The use of these sites does not indicate an endorsement of any products or resources they may promote. The owner of this site is not an accountant, financial advisor, CFP, or fiduciary and is not liable for any losses incurred from the use of the free information provided on this site or from the use of information found on linked sites. Please understand that while the information found on this site is intended to be useful, each individual person has unique circumstances that should be considered when developing and executing their personal financial plan. Each individual is ultimately responsible for managing their own finances. Please read the privacy policy for additional details.