The Good Life Part 1
Some days are bad days. Some days are good days. Then there are those days which are simply amazing. Yesterday was one of those days! What's the secret for having more amazing days? Bill Gates famously said " I can understand about having millions of dollars. There's meaningful freedom that comes with that, but once you get much beyond that, I have to tell you, it's the same hamburger. " What he meant, of course, was that having lots more money doesn't bring much more happiness. And this is true not just for billionaires. Bill Gates' anecdotal observation is backed up by Nobel Prize winners Angus Deaton and Daniel Kahneman of Princeton University, whose well-known study showed that once your income exceeds US$75,000 per annum, your day to day experience doesn't improve much as your income grows, even when adjusted for whether you choose to live in an expensive locale or an inexpensive one. For reference, the 2018 median household income in Singapore...