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There have been studies which have shown that, at least in America, after you make about $75,000 per year additional money affects ones happiness on average very little. Yet if one has less than that on average adding money tends to make them happier.
I think there is value from going from poor to rich because you then have different experiences to draw upon. Sometimes the rich fantasize about what it would be like to be poor and a common man. Often because they perceive it as a challenge or being more free (The grass being greener...) or that they are curious about what it would be like.
What must be worst of all is going from rich to poor. Especially when your entire self identity is tied to your having money. Some could do it easily. Others I think would be destroyed.
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