Michael Norton and Elizabeth Dunn, co-authors of Happy Money, asked a group of high-net-worth individuals how much wealth it would take to trigger true contentment. These leaders wanted two to three times their current net worth.
“Everyone thinks the next level will be the level” that brings joy, Norton says. Instead of acquiring material goods, the authors recommend buying experiences that strengthen your connections with loved ones and friends.
Don’t turn luxuries into necessities. Delay gratification. Share your good fortune.
— Leaders & Success, Investor’s Business Daily