#312: You're Doing Resolutions Wrong. Here’s How to Fix It. | Dr. Laurie Santos
Ten Percent Happier with Dan Harris

#312: You're Doing Resolutions Wrong. Here’s How to Fix It. | Dr. Laurie Santos

podcasts

1 highlights

Speaker 1: about money again. And so they asked people who are currently earning $30,000 a year in the U. S. And those folks said if I could just earned $50,000 a year, I would be good. I never need another cent. So in theory, if you're earning 50 k, you should be good and not one another cent. No. The same report looked at folks who are earning $100,000 a year and asked them, Are you good? And these folks not only didn't say, Yeah, I'm fine, you know, money stacking up in my kitchen. I don't need it now. What they said was not only am I not good yet what I'd need to be happy is $250,000. It's not just that you don't get there like if you get more money, you want more, right? The ratio between what you have and what you think you need actually gets more off. You earn more, right? And so I think you know, that's a caveat we need to pay attention to. You know, if your resolution is save some money because you don't have a nest egg for an emergency thin, definitely saving money is going to help you. You know, if your goal is to get your finances in order because you lost your job during cove it or, you know, you're really living below the poverty line than definitely, Definitely you're earning more money is going to help. But if you're like solidly in a middle class income and have a reasonable nest egg and

Luke's Note

If you think “once I make $x per year I’ll be happy”, you’re lying to yourself. This study is proof.