Daniel Kahneman: Lack Buys Misery

Posted by admin on Saturday, January 13, 2018

Daniel Kahneman Money Quote saying we can dispute whether having money can give you happiness, but we can absolutely agree that not having it makes you miserable. Daniel Kahneman said:
Money does not buy you happiness, but lack of money certainly buys you misery Quote

“Money does not buy you happiness, but lack of money certainly buys you misery” — Daniel Kahneman


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In this quote, Daniel Kahneman acknowledges that while financial wealth alone does not directly cause happiness, a lack of money often leads to misery through life stresses and constraints.

The best interpretation is that Kahneman recognizes money provides for basic security, comforts and opportunities that support well-being, even if prosperity itself does not guarantee joy.

Not having sufficient funds to meet needs can undermine happiness through worries over necessities like food, housing, healthcare and education. While money has diminishing returns beyond a point, its absence introduces difficulties that make fulfillment harder to achieve.

Overall, the quote suggests financial resources help pave the way for happiness through alleviating strains, even if riches alone do not replace deeper sources of meaning and fulfillment.

Birthday: March 5, 1934 – March 27, 2024

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