The studies on income satisficing (past 75k, more money doesn't correlate with more happiness) certainly suggest that this is true.
But I'm still hoping it's not, and most people just haven't figured out how to buy happiness efficiently. Seems worth trying, at any rate.
The studies on income satisficing (past 75k, more money doesn't correlate with more happiness) certainly suggest that this is true.
And other studies suggest that it isn't.
On ChrisHallquist's post extolling the virtues of money, the top comment is Eliezer pointing out the lack of concrete examples. Can anyone think of any? This is not just hypothetical: if I think your suggestion is good, I will try it (and report back on how it went)
I care about health, improving personal skills (particularly: programming, writing, people skills), gaining respect (particularly at work), and entertainment (these days: primarily books and computer games). If you think I should care about something else, feel free to suggest it.
I am early-twenties programmer living in San Francisco. In the interest of getting advice useful to more than one person, I'll omit further personal details.
Budget: $50/day
If your idea requires significant ongoing time commitment, that is a major negative.