this post was submitted on 10 Feb 2024
210 points (96.1% liked)

World News

39004 readers
2594 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 1 year ago
MODERATORS
 

Money does indeed buy happiness, and it increases with a bigger paycheque more than economists previously believed, a recent analysis has found.

you are viewing a single comment's thread
view the rest of the comments
[–] narc0tic_bird@lemm.ee 2 points 9 months ago

Well, obviously - up to a certain degree at least.

If something breaks and needs to be replaced, having enough money to replace it without needing to then cut back on money used to buy food or whatever is great. Imagine for example your car broke down and you'd have to save months to be able to afford a repair.

But beyond being able to afford basic needs, good food and the likes (and also go out every now and then), I'd say having more money/income has diminishing returns.

I'm by no means rich, but I realized after a few paycheck raises when I was at a level where it didn't bother me much when things needed to be replaced or where a small price increase for items at the supermarket didn't concern me anymore, that then adding more money to that doesn't really boost my emotional well-being by a lot anymore.

One area where I realize that from time to time is my computer. I upgrade some part of it at least once or twice a year. But I rarely upgrade/change anything about my computer because I'm unhappy about something, it's mostly me falling for marketing and hype I suppose. I got a 3080 at launch day (for a relatively normal price of 799,-€ back then), and of course I thought it was a great card, but when I tested out some used GPUs I organized for family/friends during the pandemic I didn't really mind. I checked out a GTX 1060 for a few days and I honestly didn't even think about having downgraded to a 1060 from a 3080 after an hour or two. I obviously had to lower the graphics settings of most games, but they ran well enough and I enjoyed gaming as much as ever.

That being said, if my GPU was a 1060 today, I'd probably be a lot less happy compared to 2021, because quite a few modern titles are borderline unplayable with a 1060. But even today, I don't think I'd enjoy gaming less with say a Radeon 6600 XT.

So, there's a certain threshold that also depends a lot on what your hobbies actually are. Gaming is relatively cheap compared to I don't know ... racing cars on a race track. So if that's one of your hobbies, your threshold might be higher than mine, if it's drawing it might be lower etc.