What I've learned, both in terms of personal experience and from reading up on the psychology, is that to maximize happiness over time you need to optimize for ensuring you can maintain a steady upward trajectory.
Win the lottery or sell a company? Invest most of it, and allow yourself a "raise" you can permanently sustain every year.
It will do far more for you than raising your expenditure once, as you get used to it and return to near your baseline happiness very quickly.
Re:I am rich and have no idea what to do
by potatoman22 on Friday January 03, 2025 @03:20AM
(#42583684)
I'd imagine this applies to emotional health as well as financial and physical health.
Sure, there's no lack of things that one can do with money. But would you be substantially happier? That's the issue at hand. Do you look at people with exorbitant wealth and see unlimited happiness? Do they appear to be in a permanent state of contentment and satisfaction?