We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
How much money do you need to be happy?
Comments
-
As long as income is more than outgoings and I can keep overpaying on the mortgage (to get rid), a couple of nice holidays a year and enough for a few luxuries, then I am happy.0
-
Money doesn't equal happiness in my life, but money does give me more choices.
So I would say a minimum of 100k a year to have lots of happy choices.0 -
The bottom line is this. Utopian ideologies dont work because they fail to take into account one thing - human nature. If they did work, they would have prevailed, but none have.
Bendix can you give me an example of a system that has actually "prevailed" as you put it. I can't think of any empire that hasn't risen and fallen. There are very very few examples of utopian idealogies put into practice so I don't think you can use history as your guide in this case.
You can't dismiss every economic idea that is for the betterment of society as "utopian" and neither can you tar every future philosophy with the same brush. Human's are capable of evolving. It is possible that we might evolve for the better.Those who will not reason, are bigots, those who cannot, are fools, and those who dare not, are slaves. - Lord Byron0 -
My happiness is dictated by the health and happiness of my family and myself, whether I find my job or life pursuits challenging and interesting and the small interesting bits and bobs in my life that keep my occupied day to day. None of these are particulary related to money.
I buy in to the theory (apologies, can't remember who's theory it is, but someone on here will know) about life being divded in to 'satisfying' and 'motivating' factors. Motivating factors are the aspects of your life that challenge, interest and please you: hobbies, helping others, your relationships, interesting jobs, pastimes, family gatherings, seeing friends, completing tasks and challenges. Satisfying factors are things that don't exactly give you any happiness but are vital for the motivating factors to take place. Satisfiers include heat / warmth, light, food, water, basic amenities, the ability to spend time on something other than just survival, and... money.
So whilst money is 'important', it's a satisfier, not a motivator. My two penneth anyway.0 -
Last year I had a turnover of 55k and a taxable profit of 33k. If everyone around me was earning the same I think I would be perfectly happy.
You have to have some joy... I've been told. Still waiting to get to that stage.0 -
PasturesNew wrote: »If I was earning that I'd be really really happy. I got about half that - and half that is "the basics", with no "joy factors".
You have to have some joy... I've been told. Still waiting to get to that stage.
Fingers crossed for you PasturesNew. I think anyone in work deserves that much quite frankly.Those who will not reason, are bigots, those who cannot, are fools, and those who dare not, are slaves. - Lord Byron0 -
>apologies, can't remember who's theory it is, but someone on here will know<
Abraham Maslow?0 -
-
but would you really want to earn more than 20k a week?! how much is enough?
to me desiring more than that suggests some deep seated unhappiness that i suspect no money would ever be enough to remove....
You said you would be starting at that, suggesting you were scaling down after that.You make no difference to how I'd spend it in your assessment of my happiness? suppose my ambition is to earn 20k a week to give all but £100 quid of it to cancer research, or other worthy causes? you may well think not wanting to see a limit on earning suggests deep seated unhappiness, but I beg to differ.
What I resent in such a plan is a cap to ambition,and the suggestion that all wants and aspirations of all are equal. (very different to all people being equal) I think we stand from places where it is almost impossible to see the others vantage point. I am well aware I'm never going o have 20k a week. But I don't mind that some do. I'd like them to pay their taxes, though.
0 -
Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery.
Charles DickensI'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.7K Mortgages, Homes & Bills
- 177.4K Life & Family
- 258.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards