THE MIRROR OF MEDIA

I found 3 cents on the ground. Woohoo!


I bumped into the shop the opposite day to seize some propane for tenting … sadly, they had been all bought out. 

BUT … on the way in which out of the shop I observed 3 shiny new pennies on the bottom! Woohoo! I really like discovering free cash!! It’s not every single day that you just go away the shop with extra money than what you walked in with.

After I acquired again to the automotive, my spouse was questioning why I had no propane, only a large dumb smile on my face…

“Babe! They had been out of propane, however I discovered some free cash on the bottom!”

Spouse: “Cool! How a lot?”

“Three shiny new pennies! Look, they’re stunning!”

Spouse: “3 cents? You’re enthusiastic about discovering 3 cents on the bottom? You’re appearing as in the event you discovered a $20 invoice or one thing”

Hmmm… She’s proper. 🤔 That’s fascinating… There’s an enormous distinction between $0.03 and $20. In reality it’s a 66,000% distinction!  However, my response and pleasure is nearly the identical if I discovered 3 cents or $20. (Okay, possibly I’d have been barely happier to search out $20 on the bottom, however not 66,000% happier).

And this all acquired me desirous about how cash and happiness isn’t matched on a 1:1 scale. People are inclined to assume linearly.

It’s simple to assume that…

  • If a automotive is 2x dearer, it is going to carry us 2x extra happiness.
  • If we had a 5 bed room home, it will carry us 5x extra happiness than a 1 bed room home.
  • If we make $1M per yr, we can be 10x happier than making $100k.
  • If we put on model new garments, we may have model new experiences.
  • And so forth, and so forth, and so forth.

However the actuality is, there’s some extent of diminishing returns relating to {dollars} and happiness. And it normally comes WAY prior to most individuals assume.

It’s simple to concentrate on the cash facet of issues in life. However on the finish of the day, happiness is absolutely what we’re all taking pictures for, proper? So shouldn’t we focus extra on the happiness facet of issues after we earn cash, spend it, or randomly discover cash on the bottom? 

My happiness tipping factors

Took me some time to search out my happiness factors for various issues in life (and possibly it is going to maintain altering as I get older?). However, I feel recognizing the place my level of diminishing returns is has performed an enormous function in wealth constructing and avoiding pointless spending.

I’ve realized that…

  • Driving my 2010 Prius (value about $6k) offers me simply as a lot happiness as driving my buddy’s new Tesla (value in all probability $50k)
  • Browsing on my 15 yr outdated surfboard offers me simply as a lot happiness as browsing a model new board.
  • Ingesting a $2 craft beer in my yard feels simply pretty much as good as spending $8 for a beer on the pub.
  • I’m simply as completely satisfied shopping for fruit and veggies on the 99c retailer as I’m buying at costly locations like Entire Meals. (Sure, the 99c shops in my metropolis sell fresh produce, even organics.)
  • My iPhone 7 that I acquired for $100 does the EXACT SAME stuff as the brand new iPhone XVII (or no matter quantity they’re as much as as of late.)
  • The free haircuts that my mother-in-law offers me have the very same happiness impact on my life as $60 fancy salon cuts do. (Effectively, there was that one time the place she by chance shaved a bald spot on the facet of my head, however that was an accident, (I feel!) 🤣)

In fact this doesn’t imply that I by no means do costly issues… Spending cash is usually enjoyable. But it surely’s simply not a behavior for me to overspend, particularly figuring out there’s little or no additional happiness to achieve in doing so.

Anyway, simply one thing to remember as you’re going about designing your supreme life. Generally the cheaper/free stuff can provide you simply as a lot happiness —> whereas additionally rising your $ financial savings and progressing your path to future monetary independence.

And once you see these pennies on the bottom, decide ‘em up and rejoice! All free cash is nice cash!

Cheers 😎

Joel



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