Dr. Arthur Brooks explains why earning money to prove yourself or compete makes you unhappy, while earning to support relationships and build intergenerational wealth brings fulfillment. Your motivation for making money matters more than the money itself.
Chapters
A big part of whether or not you'll be happy with money has to do with why you earned it. If you earn money because you're trying to prove something to somebody else or to prove something to yourself, money's going to make you miserable. Money's going to make you less happy. If you're doing it because you're trying to facilitate good strong relationships and pass on intergenerational wealth. If it's about people, money will consistently be a source of goodness in your life. It'll be a source of blessings in your life. So it's super important. Talk to a lot of very wealthy people and they know what the guy down the street's making and their sense of It's a scoreboard 100% and if you're doing scoreboard it's a problem. It's a problem. It's a money is going to be a problem in your life and it's going to hold you back spiritually, it's going to hold you back emotionally. Yes, absolutely.