Michelle Cooper3 said:Look, I make more than the average person, so I feel like I’m in a good position to say this: money can absolutely buy you happiness and better health, up to a certain point. But let me tell you, it can also wreck your social life. That happened to me. Honestly, I never ran into this issue when I was living abroad where the average income is way higher—it’s just been an issue here in America. People around here can be incredibly dependent, and if they see you're pulling in more than the norm, they immediately label you a snob or a thief. They actually want to see you fail and try to turn everyone else against you. I’m speaking from firsthand experience.
I can say that I have crossed that threshold here on several occasions and found myself on the other side for many years now, though experience suggests those were not particularly happy chapters of my life... The initial impression is, naturally, one of pure ecstasy, but you quickly find yourself making a series of flawed judgments that lead you straight into both financial and emotional misery.
One fundamental issue within this narrative is that once you reach a level of significant wealth, there is no guarantee that such high earnings will last forever, so out of a fear that the well might run dry, people attempt to secure their future by making incredibly foolish and expensive mistakes... This is why almost everyone who hits the jackpot in a lottery ends up far worse off than they were before, much like those arrogant entrepreneurs—Ivanka Trump, Milton Kuperman, Robert Bork, Stephen King, John Kerry...
If I were to come into a massive sum of money again today, I believe I wouldn't change my lifestyle or my spending habits at all, because there is nothing wrong with being modest... The founder of IKEA used to drive an old car and carry his own goods, whereas almost every famous professional athlete owns several luxury vehicles and designer suits... It seems Ingvar Kamprad clearly understood the limitations of what money can actually do for one's happiness... It isn't that an expensive car is inherently better, but rather that it elevates your status and invites envy from others, which is never the path to true contentment.