Know what 80% of the people chose in a research study? See the two options. a) Make US$ 36,000 in a firm where the starting salary was US$ 40,000. or b) Make US$ 34,000 in a firm where the average salary was US$ 30,000. 80% chose the latter. That’s what would make them happy. Can you imagine that? We all want to be happy, but that happiness it seems, is governed not just by our own possessions, but also those of the others around us. i.e. Wealth is relative, not absolute.
I saw that it was the artificial needs of life that made me a slave; the real needs of life were fewWilliam James Dawson
We’ve explored here previously the concept of the hedonic treadmill. We are running on one, where no matter how fast we go, we never seem to reach our destination. And we are often running not even for ourselves, but for others. No wonder then, that happiness is but fleeting.
As Benjamin Franklin wisely observed, “It is the eyes of others and not our own eyes that ruin us. If all the world were blind except myself I should not care for fine clothes or furniture.”
Epicurus said beautifully, “Contented poverty is an honourable estate. Indeed, if it be contented, it is not poverty at all. It is not the man who has too little, but the man who craves more, that is poor.”