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Rima Grace

๐Ÿ‘ค Speaker
1312 total appearances

Appearances Over Time

Podcast Appearances

Marketplace All-in-One
How much money is "enough"?

And it's hard because on the one hand, you could realize, oh, my God, I do not have enough for what I want to achieve.

Marketplace All-in-One
How much money is "enough"?

That might mean I have to get a new job.

Marketplace All-in-One
How much money is "enough"?

I have to do whatever.

Marketplace All-in-One
How much money is "enough"?

I have to switch apartments.

Marketplace All-in-One
How much money is "enough"?

But the other side is realizing you have more than enough.

Marketplace All-in-One
How much money is "enough"?

And you have to sit with the fact that you are, in many cases, hating your life at your job and have more than enough.

Marketplace All-in-One
How much money is "enough"?

And I'm not suggesting that everyone quit their job, but it's about making different decisions.

Marketplace All-in-One
How much money is "enough"?

Might you take a longer vacation and actually use all your PTO?

Marketplace All-in-One
How much money is "enough"?

Might you not aim to be a people manager because you actually don't need the money and that would cause you more stress?

Marketplace All-in-One
How much money is "enough"?

So it's the two sides, which I think that is even more powerful in some ways.

Marketplace All-in-One
How much money is "enough"?

Because most of us think we don't have enough, whether we do or not.

Marketplace All-in-One
How much money is "enough"?

So for Miriam, enough stopped being about hitting some magic income and became about how much risk she was willing to live with in exchange for autonomy.

Marketplace All-in-One
How much money is "enough"?

I was curious what the research says about this question, how much is enough.

Marketplace All-in-One
How much money is "enough"?

And it turns out experts have tried to pin a number to it, at least as it relates to happiness.

Marketplace All-in-One
How much money is "enough"?

For years, they thought that your emotional well-being kind of leveled off once your basic needs were covered.

Marketplace All-in-One
How much money is "enough"?

At one point, like 15 years ago, that number was $75,000.

Marketplace All-in-One
How much money is "enough"?

People have kept arguing over the exact figure, but newer research suggests there might not actually be a ceiling.

Marketplace All-in-One
How much money is "enough"?

There are some exceptions, but on average, the research shows that the more money people have, the happier they tend to be, which feels kind of sobering that there isn't a clear finish line.

Marketplace All-in-One
How much money is "enough"?

But it also makes sense.

Marketplace All-in-One
How much money is "enough"?

Like, how many of us have thought a raise would solve our financial problems just to have the rent or insurance premiums or grocery prices go up unexpectedly?