Lending Club

 

Lending Club Blog

Posted by Maneesh Sethi :: August 13, 2007 @ 12:37 pm

I read an article recently that talked about one of my favorite subjects: happiness. It always seems like just a little more money will make us happier, right? If we just had a couple thousand dollars to buy a new computer, or a pair of shoes, or ten pairs of shoes if you are a girl, we would be so much happier! What does research say about this? Sure, it will make you happier, just as long as no one else gets a couple thousand dollars also.

The trick is that happiness, in relation to wealth anyway, is completely relative. If you get a raise and a promotion at your job, you will be measurably happier. What if everyone gets a raise? You will be just as happy as the day before.

This is probably a consequence of America's culture of keeping up with the Jones's. If we see that our friend across the street bought a sweet sports car, we need to buy the same one to show that we're just as good as he is. Of course, we don't take into account that our friend might have gone into debt to get that car, just like you will have to.

Unfortunately, there is no easy answer to this question. How can we increase our happiness factor? By increasing our income in relation to other people? Sure, that's one way. Another way is to refocus our priorities away from showing off our wealth to getting only what we need.

Get rid of clutter, get rid of unnecessary things, and be happy. Your health and wealth will be the better for it.

Share

  • Ping.fm
  • TwitThis
  • StumbleUpon
  • Facebook
  • Digg
  • del.icio.us
  • Reddit
  • SphereIt
  • Propeller
  • Technorati
  • Google
  • Tipd
Print

1 Comment

  1. Javaliram:

    Well said, "Get rid of clutter, get rid of unnecessary things, and be happy". I have read somewhere that life is not complicated, we make it complicated. The key is in self control. Only if one can muster strength to say no to all the noise around us and stay focused on priorities, one can try to stay happy for a little longer period of time. To stay in the constant state of bliss, one has to go to the next level of existence. In short, if the source of happiness is rooted outside of ourselves, that happiness will only be temporary.

Leave a Reply

Allowed XHTML tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <p> <q cite=""> <strike> <strong>

No-Fee IRA

No hassle 401K rollover or IRA transfer.

Combine over 9.5% net annualized returns with the tax advantages of an Individual Retirement Account.

Learn more »

Borrowers hurt by the credit squeeze and investors looking to boost their returns are increasingly turning to the same place: peer-to-peer lending.

NPR

See what others are saying about us »

Featured Borrower

Sarah
  • Sarah
  • Newfield, NJ
  • Pay off Credit Cards
  • $15,000 loan at 9.79%APR

"As an accountant, I am very conservative about money. My daughter's credit card jumped her interest rate... I found Lending Club and got a loan to pay off her credit card."

Browse more personal loans »