Will $60,000/month make you happy?
May 9, 2018
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Graham Stephan Episodes Around May 9, 2018
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12:26Now PlayingWill $60,000/month make you happy?
YouTube Description
as posted by the channelThis is a clip from an older video filmed a few months ago with Sebastian about making money and the happiness that follows…or doesn’t follow. Enjoy! Add me on Snapchat/Instagram: GPStephan
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Video summed up:
Much of this can be contributed to The Hedonic Treadmill, which where one’s happiness level is eventually reset back to their initial baseline after the excitement of something new wears off. This is why it’s easy to be excited about buying a new item, or getting a raise, but then a few months later, it just seems like the new normal and nothing has really changed. Then it takes even MORE to get the same excitement, to which then the same happens - you eventually return to baseline.
What I’ve found is that, while money and having a high income DOES make life substantially “easier” in certain aspects, it doesn’t by itself contribute to becoming a happier person. In the end, happiness is really just a state of mind - and tying your success to your happiness is a precarious place to be. The reason why is that when this happens, you don’t control your happiness; external factors do. And this means you become reliant on making a certain amount of income, having certain objects, or taking on an identity to be “happy.” And when these don’t fall into place, you’re lost. So detaching money from happiness ultimately just ends up making you a happier person…I think? :P
For business inquiries or one-on-one real estate investing/real estate agent consulting or coaching, you can reach me at GrahamStephanBusiness@gmail.com
Suggested reading:
The Millionaire Real Estate Agent
Your money or your life
The Millionaire Real Estate Investor
How to Win Friends and Influence People
Think and grow rich
Awaken the giant within
The Book on Rental Property Investing
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