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The Real Luxuries In Life

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Re: The Real Luxuries In Life

#21

Post by pfdietz »

101008 wrote: post #13
Liftyee wrote: post #2

True. Money is just an instrumental goal. I was thinking about how some have 1000x more money but not 1000x more happiness. Enjoyment doesn't scale.

As other comments already stated and have stated, money should never be the goal, it's the middle. Having money allows you to not worry about some of those topics, or having more time for them. If you don't have more it means you must worry about that. Having money means you don't: you don't have to worry about rent, health insurance, paying for experiences, food, etc. It's true, you don't need that much money, but s…

Goodhart's Law in operation.

Re: The Real Luxuries In Life

#25

Post by themacguffinman »

Liftyee wrote: post #2

True. Money is just an instrumental goal. I was thinking about how some have 1000x more money but not 1000x more happiness. Enjoyment doesn't scale.

It just doesn't scale linearly. There's substantial evidence that happiness scales logarithmically with income.

https://www.astralcodexten.com/p/contra-pritchard-on-liberal...

Re: The Real Luxuries In Life

#27

Post by stackghost »

mmaunder wrote: post #22

Health determines the quality and quantity of time, so put that at the top above all else.

As with many things, it's easier to stay healthy if you are wealthy.

You can buy personal training services, workout gear, a home in traffic-calmed neighborhoods where you aren't jogging or cycling along rural highways, a pool, etc.

You can buy fresh fruit and vegetables instead of highly-processed food. If you're American you can buy imported or certified organic meat instead of the hormone-filled shit on the shelves at grocery stores. You can spend less time working and more time cooking healthy, with no pressure to eat fast food because you're in a rush.

Money really does buy happiness.

Re: The Real Luxuries In Life

#28

Post by thr0w »

bitwize wrote: post #20
Liftyee wrote: post #2

True. Money is just an instrumental goal. I was thinking about how some have 1000x more money but not 1000x more happiness. Enjoyment doesn't scale.

Past being a millionaire or so, making money is a clicker game. It's something you do just for the fun of seeing number go up. And just like a clicker game, past a certain point you're no longer making the money through your own efforts, but by acquiring assets that can make the money for you (like buying the grandmas that bake cookies for you, etc.), so the game becomes determining the right mix of assets that let y…

> acquiring assets that can make the money for you

Any ideas beyond real estate?

Re: The Real Luxuries In Life

#30

Post by nly »

thousand_nights wrote: post #11
Multiplayer wrote: post #5

Time with my young adult children. They are all out of the house, recently, and there is nothing, and I mean NOTHING more valuable/meaningful to us than when they come home for a visit or we spend time out in the world. It's incredible.

this is nice to know as someone who is the adult child. i used to argue a lot with my parents when i was still living with them, but ever since i moved out and we only see each other once every few months, our relationship has improved so much, and we're always happy to see each other in smaller doses

So true..had my parents over for Christmas one year and they stayed for 4 days. 3 would have been perfect.
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