For me money is a tool. A tool to reach independence and freedom. Having the ability to not work 9-5, take care of your family, pay your parents back and just be free to travel somewhere if you feel like it. That’s what money can buy. You don’t have to think about going back, paying rent, etc. It’s just the feeling of don’t giving a f*** which is powerful. Materialistic things give you temporarily enjoyment, yes, but you’ll eventually get used to that. So that shouldn’t be your final goal.

Growing up in a very small county in Brazil sorrounded by the favelas, having my parents always telling me that we need to save money and we can't buy fancy things. And 20 years later my dad got into a very important business partnership with one the largest supermarket companies, we moved out to a 90 square meter apt to a two story house in a farily wealthy neighborhood. And now I've moved out of my house to live in Los Angeles by myself paying for my own bills and my parents facing the economic crisis in Brazil and my dad loosing his partnership with the supermarket corporation. I can say you're absolutely correct. I've gone through an insane amount of levels of financial status like a rollercoaster and money DOES make a huge difference in an individual's happiness. But as you also said, it enhances everything else like your own inner problems and the things you attract. So it's very important to have a good head on your shoulder when becoming wealthier. Thanks for all the great content!

Really great video. Definitely appreciate the ending detailing your own sources of fulfillment. I wouldn’t even be on a journey to financial independence had I not focused on improving my mental health and well being first! Extremely important to enjoy the journey with a healthy mindset.

"Money DOES make you happy" Yeah, I had a hunch. 😂

Money don’t make you happy, it makes you comfortable. Doing what you love makes you happy.or at least content.

I love your point on becoming more christian. Christ is the answer to everything and you overcome death. Nothing else on this earth matters more

Money does buy you happiness... my whole life is a lie Lol jokes aside, I think that the freedom that having money grants you is a very important reason that having money can make you happier. I used to really contemplate the study stating that incomes above $75k don't bring you more happiness but I couldn't exactly explain why I didn't believe that to be true. This breakdown was awesome and answered my doubts, so thank you for sharing!

Money Buys Freedom and Freedom Makes Me Happy.

Used to watch for dropshipping advice, love that this channel just turned into motivation to keep going 💯

I am 18 and not in a hurry to make millions until my 20's im gonna work save, and enjoy my last 2 years of "childhood" as they may say

Hey Sebastian, you should look into something called Effective Altruism. It's something that I want to look into more as I earn more money, but the basic idea of it is maximizing the efficacy of doing good. I think a big part of what makes people happy is the fact that happiness spreads, and why not be deliberate about how we give to others and support good cause?

Unpopular opinion : It's not having money that makes you happy but it's having a great mindset from the start that will make you have big amount of money.

The income is measured on a logarithmic scale. This means that happiness does not scale linearly with each dollar but rather as your income grows it will take larger amounts of additional income to gain an additional "unit" of happiness. This alone implies that there is a soft "plateau" in how much happiness additional income can buy.

Money is a key, is up to you how you handled it. I wish I have more to escape from day to day job.

Money absolutely makes you happy. With money you can do what you want, when you want. The primary concern for most peoply (other than health) is money and not having enough of it. Give anyone $10,000 and see if they feel better or worse. Rich people will tell you "money doesn't make you happy" - they're also very used to having money and the novelty has worn off for them to an extent. Obviously a billion dollars more might not make Elon Musk feel any better, but even a small amount of money can make a massive impact on most people's lives and relieve the pressures most of us face.

Hey man! Somehow saw this when it was just posted and wanted to say coming across you and Iman is the best value filled content I’ve seen in a long time. Love your shit bro ❤️

I feel like $75k happiness in 2010 sounds like it might’ve been right….but with inflation since….its probably more like $150k in todays money

I could literally sit and talk to you for like 10,000 on end. Beautiful mind! Glad you chose to share your perspective with the world.

Think about it ...I'm broke right now ... dreaming about having 20 billion... the closer and closer I get to that goal I'm going to change my lifestyle and I'll be smiling most days.

This made me crack a smile.. 😅. I totally agree with the fact that money is simply a powerup. Its not gonna offer a transformation on its own. Grandma! Get ready for this one

Important that this study specifies INCOME vs money. Difference between a top earner (experiences progress) and a trust fund baby (high expectation but low ability)

Hey Sebastian, not sure if this is a popular request - but I'd really love to hear more podcast style videos or just straight up podcasts. I found you through the Iman Gazhi podcast, and really loved your persona. Would love to get more of that content :) Maybe even a part 2 with Iman 👀

Money cannot buy good health.

I’m really proud of you. You’ve grown so much. Amazing. Congrats on all the success :)

I think if I had the feeling that I never had to work again and I could do what I want would make me the most happy I don't need to live in luxury either. I think when you are wealthy you can buy the best organic food and have time to exercise when you want, that would also increase your happiness at least 2-3 fold.

Maybe, we are interpreting it wrong and maybe people that are more happy and positive are just more likely to make more money? Or perhaps it works in both directions?

I think deep down people knew that money does contribute a lot to happiness but they have been brainwashed to believe otherwise.

i dont care how much money im going to have future, my dream is just have freedom in my life. Not 9-5 job just freedom. Great video sebastian!

$75,000 per year is not even a lot of money these days. Try raising a family with young children in a major city like London, New York, Sydney or Paris on $75,000. Your money will disappear as quick as you earn it.

The fact they say 75k+ plateaued was a scam to make workers not think like their own boss. Increased income allows you to generate different streams, also awesome adventures both personally and financially!

That's awesome sebastian! Ur content is amazing as always and you inspire me so much. Thanks brother

Well said my capricorn brother, more money will only amplify the person you are. As its just a tool.

I think people who have better mental health are happier generally, and they work hard as a result of this good mental health, and that money is a byproduct of this. I think good state of mind brings wealth, not the other way around.

How did you get hot? Can you make a video about your weight loss?

Its been studied that the axes of income/ satisfaction hits an X when people have enough to live carefree about paying their next bill or an unexpected one or to show other people affection by being able to buy them gifts, after a certain point,having more or less money does not seem to make people more happy and fulfilled..To do some kind of luxury like travel enhances peoples happiness, but its the ability to not having to think about difficulties paying for their healthcare/ education which gives alot of stress and anxiety for many many people..

Been loving all your content since I found you 5 days ago. Probably clocked in a dozen hours of watch time on your channel lol super valuable info appreciate the time and effort you put into it ! 🙏 🙏

I'm generally happy, but I am looking to be happy and make more money at the same time...that's my next goal

Dude i didn’t know you were a Christian! I am too! I’m glad you’re finding your way in life:) lmk if you ever wanna talk faith

To feel fulfilled you have to have a skill that comes from within that gives you money

Andrew Tate is not the only one who said that then 😮

I agree. I am so much more happy know that I make more money

IDK how anyone could have believed the old study to begin with...... I also don't understand how anyone could say money doesn't make you happy either. Not only does it make you happy, it gives you more drive, more motivation, more energy and most importantly more freedom to create more experiences, for more memories and constantly increase the level of happiness. Money always has and always will bring happiness until it's gone, which when it's gone, the more Bitcoin you have the happier you'll be 😂

It’s 100% subjective everyone argues about this topic as if it’s factual for everyone in existence. It depends who you are and what you care about that’s it 😂😂 it’s an opinion

Money, cars, big house, girls……..I’d be smiling ear to ear 24/7.

I worked on super yachts and was among the worlds billionaires everyday for 5 years. Having a large amount of money does not make you happy or happier.

Really enjoy your videos and also your views on relationships and where to find fulfillment ✨

Alright Sebastian. I’ve just found your page, I’m going to watch every single video you’ve put up. I’ll be living proof that your channel changes peoples lives. That’s what I’ve heard, so I’m going to do it myself. I’ll keep you updated…

I could really see how happy you where making this video 😂❤❤

75k is like 150k today. I used to make 100k. I was tired all the time. I make 70k now and live in my dream house. My dad charges $500/ hr as an attorney. He told me he deals with ultra rich people all the time and they are miserable. You are a child my man. Money is petty. People feel happy high on crack too. The more crack, the happier they are. True happiness is being content. Can you sit outside by yourself all day and be truly content? Money is often a distraction from something truly bothering you.

Bro, you help the masses with your videos. May the Lord Jesus Christ always be near to your heart.

Thanks for your videos, I'm struggling financially and your videos inspire me to at least look for options to help where I am in life. I've watched other creators but they don't hit me like your videos do.

I really don't think this has anything to do with money. Instead I think its the fact that people who have a lot of money have it because they're doing what they love. No one becomes extremely successful doing something they hate.

But correlation doesn’t imply causation

Not only money makes happiness but also 💸💰⚡

As a Single Mother cryptocurrency investments has helped me pay my bills and live happy. Wish I invested from the early days.... .

I knew it and yes I heard of that study, kinda thought it made sense but then I kept hearing people say things like " if someone says money doesn't make you happy they don't know where to shop" and "money may not make you happy but it sure puts a smile on MY face!" Then my income went past 75k and I was happier than ever! Crossing 6 figures was even better. Maybe if you have to work crazy hours in a job you don't like then 75k will be the happy money limit but Idk bc I like that job and the culture in that company. Plus I was already a relatively optimistic Person (sidebar, it was my non optimistic faithful doubtful side that was keeping me broke) So yeah if you suck at life perhaps money won't make you happier but to sum it up in general "cheddar makes life better"

Do yourself as a brand and be happy

verified nerd's quick take: the "x graph" is a 0.1 z score which is not statically significant, you need about 1-2.5 of a z score to have a confirmed hypothesis (depending on sample size and degree of certainty)... a 1 z score is 1 standard deviation (68% of bell curve). Even if the results are statically significant, don't trust something as absolute fact ;) but i respect the hustle

Money can pay for your bills leaving you hassle free Medical everything bills / surgeries / therapy even if therapy doesn’t work can def buy what other struggle getting. Can take you on nights out into town or buy yourself big and expensive toys or just whatever you ever wanted, Nobody in the world has had anything and everything maybe what they wanted but there’s enough in life to keep anyone busy going out to explore and see and achieve. Money can def get you a lot of it. People who say money doesn’t buy happiness are completely wrong. It can buy so many things to make someone happy or add to their life vs anyone else would. Even if you literally kill yourself having money would make it better for others vs being some broke dude with nothing would just be a depressing hassle for others

Never been wealthy. But used to be poor & its really really really sad!!!

Money makes life easier.

That should be common sense…money will bring u happiness no matter what. I’m broke right now and I’m not happy lol. If I had money as this moment I would be relived and happy driving my lambo in my $7M mansion…manifesting that for the future

Money does make me happy, just temporarily.

What`s shitty is that some people dont even make enough to fill that pay-check to paycheck. Their utilities make up to 70 % of their salary,that their brain gets repetedly wired into survival fight or flight. And they wanna get rich,but a near future feels impossible to pull through,let alone couple of years from now,knowing you may end up having to ask someone for food money..They can get over that,but their ambition has to be stronger than their instinct for survival.

your videos get better with every upload

Can you make a video about what you are investing in. BTW you are my motivation the reason I get up in the morning. Keep up the good work😁

Thank you for this video. ☺ Thank you for caring about us and delivering real, life-changing content.

Love your videos as always…Investing in a decentralized trading platform with 80% profits ROI is the best thing to do now, too sad I lost so much during this market dump instead I would've invested it a in decentralized trading platform.

Thank you man you made me more motivated

90% of my problems are because of money

There's a massive problem with this study, which is the sampling itself. The users of this app are not randomly selected from the general population and it is therefore fallacious to extrapolate this data onto the overall population. While it may have good internal validity (how valid it measures the happiness of users of the app), it may not have good external validity (how well the results extrapolate to the general population). The type of people who use this app almost certainly do not perfectly represent the general population. Until there is more data using better randomized samples, I'd be very hesitant to believe this. BUT, I think what is worth noting is that we have plenty of existing research showing that life satisfaction does not plateau past $75k. And, generally, I think many people if not most would weigh life satisfaction over happiness.

If I had no friends or family or my girlfriend to share my money with I personally wouldn’t be happy

It's such a joke. In germany there was a study in the newspaper, which claimed that you're not getting any happier after earning more than 2.2k/month. Lmao.

Old study doesn’t mention how money is earned. Entrepreneur has greater life satisfaction than the corporate wagie

I would like a net worth study...I make little but I have a wonderfully great net worth

Nice study, I always thought there was smth wrong about this saying. But you miss one certain aspect here. Many people become rich because they’ve been motivated and happy and full of energy on the way up. So they are also rich because they feel better. So the level of happiness is higher for rich people, also because happy people become rich and miserable people stay poor, they don’t even find the time to become rich cause they worry about themselves

You are such a beautiful soul! 💕

bro, I am overthinking so much related to things like what will happen after death, why universe was created and for what? one day earth will be destroyed stars will explode too then question is what's the point in doing anything?? we al will die one day :( scary feeling

Love it bro, great video! Thank you so much Seb

That's true...

Great words of encouragement

High earners who are unhappy blow it on high maintenance items that limit their freedom

inflation bro the $75,000 mark just got raised

You said more Christian and I hit subscribe! 😂

Congrats to you brother

im guessing it plateaus at $69 million

if you want something good to outlive you, I advise you to dig holes for water in countries in which having access to water is really difficult. You can also share knowledge and build schools, help somebody to be able to live from his job with dignity by helping him to afford machines necessary to do his job. This is some ways in Islam to do good and to let it be a legacy for you and your family which weighs huge on the scale for the Final Juddgement. Paying medicine for ill people or releasing somebody of his debts are also other benevolent ways. So please keep teaching us how WE CAN get rid of poverty.

Thank you man

"Mo money mo problems" that's why I stay as broke as humanly fucI

what do you recommend for someone starting in investing?

This Video was rly helpful.

🔥

Good video, well prepared, thanks for the content :)

🏆

seriously I just thought about this theory like few days ago and you tell the same words that I thought about and tell my mom. Now I know that I am sure in correct in some things. GREAT VIDEO. I would like to meet you one day

Make a video on your body transformation

Great video！maybe just like u said it's the small success small wins along the way that really make u happy, the journey of making more and more money is also how it makes us happy.

😂😂😂 I want to see it for muself

Sebastian, can you pls help me start my business and handhold pls? I'm a beginner here and would like to make some money for my parents and buy a house. I've seen some terrible times, but now I want to rise and flourish.

"Fun coupons"