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