this post was submitted on 10 Feb 2024
214 points (96.1% liked)

World News

39165 readers
2133 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News [email protected]

Politics [email protected]

World Politics [email protected]


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 1 year ago
MODERATORS
 

Money does indeed buy happiness, and it increases with a bigger paycheque more than economists previously believed, a recent analysis has found.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 4 points 9 months ago

$10 to $50 million in assets can support $400K to $2 million in spending. Also there's extra tax benefits from owning your own house, vacation house, etc. so you spend less money and owe less tax comparatively.

You may actually "spend" very little if you own a farm for fresh food, own a few houses to live in and vacation at, etc. Your "spending" may actually make you money, since you can rent your vacation home when you're not there, sell the fresh food you don't eat. Decorating your house with art and collectibles may make you money.