How Happiness Makes You Poor

Posted June 03, 2008 in Finance, Life, 4 Comments »

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  1. You're super-freakishly happy.
  2. You think you're all badass.
  3. You end up earning less than Schmo.

Why?

  1. Happiness makes you complacent with $$$.
  2. Instead of trying to improve yourself, you settle for "This is who I am! I am so proud of myself!"
  3. So, you continue doing what you're doing -- never really improving on how you financially live your life.

Boos all over the world to you.

Are you crying?

Good.

You're one step closer to being financially successful.

Hooray!

How Happiness Destroys Your Pocketbook

Research says people who rate their happiness a 10 earn less than those who rate their happiness levels at an 8 or 9 (peak earners).

10s tend to:

  1. overspend
  2. save less
  3. pile on debts

The conclusion:

  1. Yes, you can be super happy.
  2. But, don't blind yourself with superficial happiness.

Even if you're financially awesome, you can still (1) cut costs, (2) earn more, and (3) boost that mother-kereffen bottom-line for you/your-company/your-world.

Winner!

The Action Plan

Try this:

  1. List out all you/your-company's expenses.
  2. See how you can save 5% this month.
  3. Repeat for subsequent months.

Grate those costs like mutha-effin' swiss cheese that's dying to shred itself like a two-headed ostrich.

Win.

Live like you suck.

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4 Comments on How Happiness Makes You Poor

jill

Posted @ 12:36 PM on June 03, 2008

I almost always agree with what you say, but I think I have to disagree with you this time. Life is good, business is good, marriage (all 26 years of it) is blissful. I think I am so lucky to be this happy, but maybe being thankful helps you be better in business.


NewWorldOrder

Posted @ 06:05 PM on June 03, 2008

It was Earl Nightingale who said that "discontentment is the greatest motivator in the world."

Discontentment is the mark of "great" people. For example, as great as Lance Armstrong, Kobe Byrant, and Tiger Woods are, they're never content or satisfied with their performance level--which is why they're great.


Adam

Posted @ 02:37 PM on June 11, 2008

That may be true, but if you're happy then more money shouldn't matter that much. Assuming you're not in too much debt, I would rather earn less and be content than constantly working overtime to earn a sliver more.

I wish I could achieve that level of unattachment.


Mike

Posted @ 01:19 PM on June 25, 2008

"List out all you/your-company's expenses."

Why not just "list all"?

The - out - is not necessary.

You don't share out, print out, separate out, filter out...lose the out, please.

Rock on!


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