I’ve had the opportunity to taste that good life that most people, including a younger me, often daydream about. The pampered life with all of the finer things.
Yes, I’ve drank Dom Perignon from the bottle like a boss, sipped Opus One with one pinky raised, and I’ve stayed at my share of 4 and 5-star hotels and resorts.
The Loose Correlation Between Spending and Happiness
Don’t take my word for it. Like a good scientist, look at the data.
We’ll start with an examination of the 2020 World Happiness Index ChECK, an annual survey that measures the reported happiness of the people in different nations based on a variety of variables.
When you spend less, you can live more. How so?
First, when you create a wide gap between what you earn and what you spend, it’s actually much easier to say yes to one-time expenditures.
In summary, one can reach financial independence, that is, the ability to live your life as you choose without any need to earn money indefinitely, in about 15 years.