I agree. I didn't mean to imply you need to have millions. More that the effect of money for an individual is non linear. It may affect how you invest though. Is X stock good? Well X is good but what about your risk profile?
For most people that is why a pension makes sense. You can accumulate a lot over 40 years there but paying into it will make zero difference to your happiness, but it might make a big difference once you hit an age where you can't earn as much.
Living frugal also helps there. Like calories in calories out there are two ends of the stick.
For most people that is why a pension makes sense. You can accumulate a lot over 40 years there but paying into it will make zero difference to your happiness, but it might make a big difference once you hit an age where you can't earn as much.
Living frugal also helps there. Like calories in calories out there are two ends of the stick.
I like your comment!