Comments on: Quality of Life is More Important Than Money

By: Ryan

Ryan — Mon, 22 Oct 2007 01:57:41 +0000

Spoken like a true MBA, Shadox.

By: shadox

shadox — Mon, 22 Oct 2007 01:40:37 +0000

Money has a diminishing marginal utility. You need a certain amount of it to enjoy your life, and a little more to save so that you can enjoy your life later down the road, but when getting money starts to interfere with you quality of life, that’s when you know it’s time to scale back.

Good decision.

By: » Weekly Roundup, Pumpkin Picking Edition on Consumerism Commentary: A Personal Finance Blog

Sat, 20 Oct 2007 20:14:43 +0000

[...] Cash Money Life: Quality of Life is More Important Than Dollars [...]

By: Carnival of Money Stories #30 « Carnival of Money Stories - Read About Personal Finance

Fri, 19 Oct 2007 17:49:20 +0000

[...] Cash Money Life and their belief on Quality of life over Money. [...]

By: Carnival Carnival Carnival Extravaganza

Carnival Carnival Carnival Extravaganza — Fri, 19 Oct 2007 04:02:08 +0000

[...] Quality of Life is More Important Than Dollars – My wife and I took a $20,000 a year reduction in income. To put it simply – our quality of life was much more important to us than the money was. [...]

By: Ryan

Ryan — Wed, 17 Oct 2007 10:24:48 +0000

Hi Mapgirl,

Thanks. We both enjoyed our time in the service. We both had the opportunity to serve our country, see the world, and somewhere in between, meet each other.

I agree with your assessment on money and freedom. This is how we look at it, and we are very happy with the freedom we gave ourselves by planning and being fortunate with our money.

By: mapgirl

mapgirl — Tue, 16 Oct 2007 17:57:13 +0000

Hi Ryan,

I just wanted to thank you and your wife for your service. I live in DC and sometimes you see kids who barely shave in uniform. You just want to give them a hug.

That is awesome that you guys prepared for the income change and that’s allowing your wife the freedom to try something new. I think the main thing about money is that it can offer freedom. It’s nice to have a number as a goal, but really what we’re doing with the money is buying options and freedom for ourselves.

By: » linklings, October 16, 2007 brip blap: life, simply improved

» linklings, October 16, 2007 brip blap: life, simply improved — Tue, 16 Oct 2007 10:59:12 +0000

[...] Quality of Life is More Important Than Dollars: Would you be willing to take a $20,000 pay cut to be happier? I think most people would have a quick and strong reaction to that question. Many of us might like to think this was true but our actions don’t match our words. This is a good thought exercise for anyone – read the article and think what you would do in this case. (@ Cash Money Life) [...]