Question of the Day

There will be a financial literacy question posted every day of the month. Answer it and share what you "know." It could be the money question.

The question of the day:

The fulfillment curve can help a person understand the negative affects of materialism on one’s life. How?

Posted 09.18.14 | Answer the question | 2 Comments

Answers

  1. Comment by Nate Ross on 09.18.14 at 10:02 am

    The fulfillment curve helps us to identify when we have “enough.” This amount can look different for everyone, but if we continue to seek more and more and more after we already have enough, we will take a ride on the down-slope of the curve to UNhappiness. So, as opposed to buying more and spending more to “make us happy” after we have enough, we ought to give our time, possessions and money to those who need it more.

  2. Comment by Mike Finley on 09.18.14 at 1:20 pm

    Beautifully stated, Nate. Well done. You can learn on this topic by reading Your Money or Your Life by Vicki Robin and Joe Dominguez and/or my book, Financial Happine$$.