What It Actually Costs to Live Happily in America
2024 ж. 21 Сәу.
28 531 Рет қаралды
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Show Description
Can money really buy happiness? According to recent data, here’s what it costs to live happily in the U.S. (and beyond). Plus, I’m sharing my thoughts on everyday purchases people claim bring them joy.
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Money just removes stress. Doesn't add happiness.
True but removing stress is Step 1 to happiness
Removing stress is happiness
When I saved my first 10k, I felt ritch. After I saved my first 100k, I felt poor. The more money you get, the higher your expectations become. A millionaire in a room full of billionaires will feel poor, discontented and unhappy. Spend a day with a homeless person, and you'll feel the luckiest person in the world.
time = money, when you have enough money to have control over your time, you have freedom. freedom = happiness
There’s a lot of rich people with lots of time who are not happy. They own businesses, have to manage their finances, ect.. Elon is 3rd richest but I’d say far from free. Having no money is also very stressful and will definitely affect your mental health no doubt. But having lots of money won’t make you happy solely because of having time. Money plays a role in feeling FINANCIALLY free, but doesn’t necessarily mean freedom. Freedom would be having your own land, resources and living a natural life as intended WITH tons of money if needed. We depend too much on institutions that gain from our loss and who would rather us depend on them. Lots of people who make tons of money don’t find ways to actually live free, they just live more comfortable than majority. Lots of times they’re very time limited. Time = money Money = Investment Investment = Free time Free time = Time to use to build additional wealth Enough wealth = Ability to plan to live free of boundaries Free of boundaries = Freedom Freedom = Happiness
Nonetheless, money can lead to freedom and happiness but 95% of the time, that’s not the case.
Happiness is when my basic needs are met and maintaining a giver style of life.
Joy comes from Jesus Christ! 💖
True happiness comes from within!
True, but you ever seen someone not smiling on a jet ski Tiffany?
There’s a great difference between happiness and joy, and that’s the key. One is temporary, the other stays with you.
Hallmark card waiting to happen lol
Happiness comes from the Lord being within. Knowing that nothing I own is mine, but I am a steward of what the lord has blessed me with.
Happiness is about attitude not money. Too little can cause stress
This was a good one Rachel!!! And like Dave says if you have no payments your income becomes your wealth builder and $88,000 starts to feel more like $100,000 a year
I think money buys you security and the security makes people happy. Knowing you have enough for groceries, housings, etc will allow you to be at ease. But to be honest people are greedy and some will never be happy.
The avg. American is having a tough time, I know I am not alone. There are others in same position as me. By certain statistics: 22% of americans have no retirement savings. 64% are worried that they will not have money in latter years while 47% of adults who are not yet retired think they have to work part-time in retirement. 200k, seperately outside retirement access depleted over the years? what can I do?
Think about actions you’re taking that might be harming you such as carrying over credit card debt each month.
I agree with the reply above. I also think you should think about steps you can take to start. Start somewhere. Anything is better than being frozen even.
Make sure you do the planning with a professional if possible or you won’t really have a successful retirement.
In retirement red zone, if you haven’t saved enough, cut expense. Don’t celebrate and buy a car when you get a promotion. Use science and math when it comes to money, sock away more money.
I outperformed S & P the past 2 years thanks to, monica mary strigle
Aquaphor works WAY better than Laneige lip balm in my opinion and is significantly cheaper
Money buys you options, options=less stress, less stress=happiness.
I always recall the words of the venerable Weird Al: "If money can't buy happiness, I guess I'll have to rent it."
100 agree with the pre-cut parchment paper and I also splurged on the pre-cut aluminum foil. There is so much less waste and the majority of the time I can reuse them.
This is encouraging for someone like me from a low income small town. Thanks Rachel!
Microblading for my eyebrows. Spend a few hundred dollars on the service but I’ll never have to fill in my eyebrows for 2-4 years. I wake up like this 💁🏾♀️
1000% agreed, I don't spend much on make-up, haircare, skincare etc (DIY most things) but microblading eveey 2 years and getting my nails done once a month (just going 20 minutes away means I pay half the local cost) being joy and ease to my life.
If you think money can’t buy happiness, then you don’t know where to shop!
watching Spotify raising their premium in real-time 🍿
I love spending more money on premade healthy meals from Costco! All that saved time makes me so happy!
If you place a number on what you need to be happy you will never be happy..
This is so regional. We never made more than $80,000 combined. Both will retire in early 60s. Make a budget, live below your means, make smart choices. Everyone can do that.
This may be the case but it’s all extremely generational. If someone entered the housing market pre 2020 they are going to be financially significantly better off than someone after the at point. Same thing for college. If you. Completed college pre-2000 you are going to be doing significantly better financially than anyone who entered college after that. It’s all about perspective and timing.
What has been happening in the last I would say 10 years and has really exploded in the last 3 years is the cost of almost everything, it has gone insane. I feel it is here to stay. I don't see price dropping 20% anytime soon. Here in WA it really does take a large income to be middle class. I seem to be happy even though I don't earn a six figure income.
More money than I got...🤷
Please make everydollar app usable in Europe 🙏🥰
Spotify premium and specialty coffee beans are the ONLY subscriptions we have in our house. When everything has gotten cut at times, those are the first 2 we bring back as soon as possible. It is the little joys. Oh, and coffee comes to about $1 per day.
Amen
3:01 You said 50k is 100k lower than the national average, seems a bit high. I looked that up you must of meant 10-20k lower.
If you go to the elementary school parking lot Its full of SUVs and trucks. Vehicles buy people happiness lol.
Why US this full of debt slaves. The mindset
Vehicles may be the #1 things that keep people poor. The false joy they bring is strongly promoted by the manufacturers and the financing industry.
@@bobmcl2406 Half the commercial I see are SUVs and trucks.
I’m not surprised. I am Iranian American and especially when I go back over there to visit my family. Everybody is really focused on money and success. Literally everyone. They care a lot about making a lot of money and showing off money.
Having security, options, time, freedom and health is the foundation towards happiness. Enough money is required for all of these things in today's America.
Health is wealth! Money only gives you some sort of satisfaction; however, staying healthy gives you more options to enjoy life to its fullest! If you are a millionare but has a chronic illness, how can you enjoy your wealth if you are a prisoner in your own body? You cannot even take a few steps due to difficulty breathing...You become dependent on others for your daily needs! What a life...To people with respiratory or cardiac issues, just the simple act of breathing freely without oxygen is pure happiness. Going up the stairs without gasping for air is true happiness! So, happiness is different with each person based on your lifestyle and circumstances.
Money can't buy happiness... but you can pull your yacht right up next to it!
I’ve never been sad on a boat
Income for family or per person per household?
Being from Santa Barbara I’m glad I don’t live there anymore. Every time I travel home I always go w/ a budget because $16 dollar burritos are normal out there
I just want to be able to pay my mortgage and have food until next paycheck without having to dwindle down to nothing. That would make me happy. Been selling things I own, just for extra cash to make it to next paycheck before groceries run out.
Is this $105k before or after taxes?
The monthly wage in Iran is $230. your number is for the richest of the richest.. According to those figures the annual salary in the US to be happy is probably 15 million dollars plus
You didn't say the average salary for Santa Barbara though
Enough to pay the bills takes away stress. Also, if you have your health, you are very wealthy.
does rachel own many homes as well like Dave?
Winston (her husband) manages the family’s Real Estate portfolio, and Dave funds the business through cash-flow. She does own her home though.
A good bread still warm from the baker!
My xbox and I are very unhappy together
Gym and muay thai at my local muay thai gym even if it is a punch card for once a week.
Coffee
First!!!
I am in NYC and I need millions
California you need 120,000 a year
🐶💼💼🛫 next stop Sierra Leona!!! 😂😮💨
When you're debt free you can live on far less, and Scripture teaches us to be content no matter what our situation. Contentment is the standard, not fleeting happiness.
My daily morning Ghost Energy Drink - Swedish Fish Flavor or Apple Music
If the lobbyists can engineer a stressful society - nobody will ever feel happy and safe so they can inflate anything they want and keep moving the goalposts
What can I say, it's expensive to live in paradise. 🤷 Santa Barbara is wonderful.
A flight to move abroad. US is not worth the stressful money materialistic culture. The healthcare situation is stuff of urban legend
good luck with your expat taxes...you can't just leave the US without paying. The US is one of the few countries that taxes its citizens on their worldwide income, regardless of where they live or earn their income. This means that American expats are potentially subject to double taxation - once by the country where they earn their income, and again by the United States. How Can I Avoid Paying US Taxes Abroad? Based on the current US tax laws, the only way to avoid filing a US tax return and paying US taxes abroad is to renounce your US citizenship. Renouncing your US citizenship is a serious and permanent decision that should not be taken lightly. Bye bye social security....
Where do you go from US
I do believe you should strive to make atleast $100,000 or have a milllion dollar mindset but ultimately Let’s also not forget 6But godliness with contentment is great gain. 7For we brought nothing into the world, and we can take nothing out of it. 8But if we have food and clothing, we will be content with that. 9People who want to get rich fall into temptation and a trap and into many foolish and harmful desires that plunge men into ruin and destruction. 10For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs.
Dave Ramsey ,how many houses have you bought at foreclosure? $300. Real-estate fee for Ramsey recommendation + monthly fee? Capitalism is thriving at Ramsey Soulutions
If my wife and I made 150,000 we would be more than comfortable. Even 130,000 would be nice
''live happily'' ? home school on a homestead. it's not about money, it's about freedom.
First
How can you be happy in America Rachel? the system is broken, capitalism doesn't work, middle man cant get ahead, rich ppl are evil 🤣🤣🤣🤣😂😂😂😂😂😂
Don't believe this woman people. She was born into a very wealthy family and obviously had insane connections growing up which allowed her to never worry about money. She hasn't built anything herself. She has never struggled in her adult life.
Why so bitter?
Money for gas....
Speak for yourself
Bargain bin movies
Only Truly Living your life for Jesus Christ can make you happy!!!.