Last year I was lucky in that I earned around 5M USD in selling a start up.
I remember in the week before the transaction I could get almost euphoric and giddy thinking about about the money and by average happiness level definietely increased.
When the money arrived in my bank account however, it was almost anticlimaxic - it barely had any impact on my mood. Now, 1 year later my general happiness level was not noticably high than pre-5MUSD - that is, until I quit my job.
This definitely had a great impact on my happiness level - not because I hated or even disliked my job, but having complete ownership of my days really feel great. This is also mentioned in The Psychology Of Money by Morgan Housel - one of the very few lifestyle changes which may be achieved through wealth which correlates with an increased degree of happiness is being able to wake up and knowing you can do whatever you want this day.
Last year I was lucky in that I earned around 5M USD in selling a start up.
I remember in the week before the transaction I could get almost euphoric and giddy thinking about about the money and by average happiness level definietely increased.
When the money arrived in my bank account however, it was almost anticlimaxic - it barely had any impact on my mood. Now, 1 year later my general happiness level was not noticably high than pre-5MUSD - that is, until I quit my job.
This definitely had a great impact on my happiness level - not because I hated or even disliked my job, but having complete ownership of my days really feel great. This is also mentioned in The Psychology Of Money by Morgan Housel - one of the very few lifestyle changes which may be achieved through wealth which correlates with an increased degree of happiness is being able to wake up and knowing you can do whatever you want this day.