The connection between money and happiness from "summary" of Dhan-Sampatti Ka Manovigyan (The Psychology of Money - Hindi) by मॉर्गन हाउज़ल
The relationship between money and happiness is a complex and multifaceted one. While it is commonly believed that having more money leads to greater happiness, the reality is not quite so simple. Money can certainly provide individuals with access to material goods and experiences that can bring pleasure and satisfaction. However, the extent to which money actually translates into happiness depends on a variety of factors. One important consideration is the concept of diminishing returns. This means that as individuals acquire more money, the incremental increase in happiness that they experience diminishes. In other words, the first few dollars that someone earns may have a significant impact on their well-being, but as their wealth grows, each additional dollar has less and less ...
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