I believe that sometimes you donโt need to write a 2500-word article to make a point or to explain something thoroughly. So this article will be short, sweet, and to the point.
When it comes to our personal freedoms, we are willing to fight for what we believe in and what we think is right. This is because our personal freedoms are important to us, and we donโt want anyone taking them away from us.
We live in an age of consumption and abundance culture. Therefore, we have a large variety of choices, a large variety of TV channels, computers, clothes, food, etc. But with all of these choices, it can be overwhelming, and we can often feel like weโre not really free.
Do more choices and more freedom make us happier?
An answer can be found in the famous experiment conducted by Prof. Sheena Iyengar from Columbia Universityโs School of Business Administration.
In this experiment, people were offered a choice of 24 different jams or 6 different jams.
The results showed that those who had fewer choices were more satisfied with their purchase than those who had more choices.
So it seems that too much freedom and too many choices can actually make us less happy.
But what about money?
Can money buy happiness?
The answer is yes, but only to a certain extent.
A study conducted by Prof. Daniel Kahneman from Princeton University showed that our level of happiness doesnโt increase when our income goes up.
So, if youโre making $50,000 a year and your income doubles to $100,000, youโll be no happier than you were before.
But if your income increases from $5,000 to $50,000, you will be much happier.
So it seems that money can buy happiness, but only up to a certain point. After that, our happiness level plateaus.
In conclusion, it seems that too much freedom and too much money can actually make us less happy. What we need is a balance between the two. Just enough freedom to feel fulfilled and just enough money to meet our needs.
Do you like this kind of content? Check out my post about the best books for digital nomads (even if youโre not a nomad)
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