Tag: happiness

Finding Financial Freedom: Living Below Your Means without Compromising Happiness

In today’s world, it’s easy to get caught up in the mentality of living beyond our means. We are constantly bombarded with advertisements that encourage us to buy the latest and greatest products, and it can be difficult to resist the urge to keep up with the Joneses. However, living beyond our means can quickly lead to financial stress and a lack of freedom. The good news is that it’s possible to live below your means without sacrificing happiness.

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The perfect match: How fitness and frugality can lead to a healthier and wealthier life

In today’s world, our health and finances are two of the most important aspects of our lives. In order to lead a happy and fulfilling life, we need to prioritize both. However, it can be difficult to find a balance between the two. The good news is that fitness and frugality can go hand in hand to help us achieve our goals. 

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Hedonic Adaptation – Are You the Hamster in the Wheel?

HamsterWhen I first heard of ‘hedonic adaptation’ I wondered what it was, perhaps it was some kind of cool new band that I had not yet listened to? Nope, it is instead a term whose meaning I suggest should be taught to every citizen in the US, or perhaps every citizen in this rapidly developing world of ours.

Got your attention? I hope so, because for me, learning about hedonic adaptation made me changed my entire views on money, savings and investments, and my focus on what really makes me happy. Continue Reading

Savings = greater happiness

big-smileDid you read the recent interesting Ally study results saying that it isn’t necessarily the salary that you can earn but rather your savings that can really affect your levels of happiness?

If you would like to read in a little more depth I found a nice discussion on the topic here.

OK, so overall such a survey didn’t appeal to my rigorous scientific standards. However,  the gist of it is that Continue Reading

Why Frugality?

dollarOK, so the question of why frugality could easily turn into a very long winded and potentially quite boring essay, which I will try my best not to do!

To keep it relatively short, I see three major reasons for embracing frugality, where each of these are clearly intertwined. The first is financial independence. At a time when many people are worried about how they will get by in retirement, a very sad state of affairs, would you instead like to still be working, but knowing that you are already financially free? Continue Reading