Putting A Price On Happiness
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The document discusses strategies for budgeting and spending money wisely to maximize happiness. It provides examples of budget breakdowns allocating spending across common expense categories like housing, food, transportation, etc. It then explores strategies for spending on various goods and experiences like cars, clothes, wine, travel, food, and homes. The overall message is that happiness depends more on spending money in line with one's priorities and spending wisely to get value from purchases, rather than the amount spent.
Putting A Price On Happiness
- 4. 50k 100k 200k Housing (30%) 15k 30k 60k Transportation (18%) 9k 18k 36k Food (14%) 7k 14k 28k Savings (10%) 5k 10k 20k Utilities (7%) 3.5k 7k 14k Everything Else (21%) 10.5k 21k 42k BUDGET APPLIED TO DIFFERENT SALARIES after taxes after taxes after taxes
- 5. 50k 100k 200k Housing (30%) 15k 30k 60k Transportation (18%) 9k 18k 36k Food (14%) 7k 14k 28k Savings (10%) 5k 10k 20k Utilities (7%) 3.5k 7k 14k Everything Else (21%) 10.5k 21k 42k BUDGET APPLIED TO DIFFERENT SALARIES HAPPINESS after taxes after taxes after taxes
- 9. CARS
- 10. “REGULAR” CARS DEPRECIATE 30k 25k 20k 15k 10k 5k 1yr 2yr 3yr 4yr 5yr
- 11. CLASSIC CARS APPRECIATE 206% 1963 CHEVY IMPALA’SVALUE HAS INCREASED OVERTHE PAST 10 YEARS
- 12. 206% 1963 CHEVY IMPALA’SVALUE HAS INCREASED OVERTHE PAST 10 YEARS...AND GET APPRECIATED CLASSIC CARS APPRECIATE
- 13. VS 19k$540/mo lease for 3 years = buy a $30k classic car and drive for 3 years (with $15k maintenance/upkeep) and still sell for around $43k = S2k COST OF LEASING A 2013 IMPALA COST OF OWNING A 1963 IMPALA
- 14. VS $540/mo lease for 3 years = buy a $30k classic car and drive for 3 years (with $15k maintenance/upkeep) and still sell for around $43k = S2k COST OF LEASING A 2013 IMPALA COST OF OWNING A 1963 IMPALA 19kAS LONG AS YOU sell your car for more than 26k, YOU’VE SAVED MONEY (AND GOTten A COOLER CAR)
- 15. NOT HANDY? INVEST IN A FUTURE CLASSIC INSTEAD OF AN OLD CLASSIC
- 16. FUTURE CLASSIC TIMELESS MODEL BUYING CHECKLIST FULLY LOADED LOOKS AWESOME
- 17. CLOTHES
- 18. $100 $60 TRICK QUESTION: WHICH IS CHEAPER?
- 19. per COST WEAR $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 Worn 2x's a week=8x's a month=96x's a year $100 Jeans=$1.04 per wear $2.5 $2.5 $2.5 $2.5 $2.5 $2.5 $2.5 $2.5 $2.5 $2.5 $2.5 $2.5 $2.5 $2.5 $2.5 $2.5 $2.5 $2.5 $2.5 $2.5 $2.5 $2.5 $2.5 $2.5 $60 Shirt=$2.50 per wear Worn 2x's a month=24x's a year
- 20. SOME OTHER GOOD BUYS Worn 5x's a week=20x's a month for 4 months =80x's a year for 3 years=240x’s total $187 Persol 649’s=$0.78 per wear Worn 5x's a week=20x's a month for 6 months =120x's a year for 5 years=600x’s total $549 Burberry Jacket=$0.91 per wear Worn 3x's a week=12x's a month for =144x's a year for 3 years=434x’s total $349 Allen Edmonds=$0.80 per wear HIGH QUALITY & LOW COST PERWEAR
- 21. SOME NOT SO GOOD BUYS LOW VALUE & HIGH COST PERWEAR Worn 2x a month for a year =24x’s total $64 Trend Tee=$2.66 per wear Worn 3x's a month for 6 months =18x's a year for 2 years=36x’s total $80 Sweater=$2.22 per wear
- 22. TRAVEL
- 23. HURRICANE SEASON: JUNE 1-NOVEMBER 30 PUERTO RICO
- 24. HURRICANE SEASON 56% OF DAYS IN PUERTO RICO PICTURED According to the National Weather Service’s data on cloud cover
- 25. DROP IN HURRICANE SEASON Flights to Puerto Rico can fall by up to half TICKET PRICES
- 26. TICKET PRICES *we couldn’t find a specific stat, but trust us, we’re professionals DROP IN HURRICANE SEASON Flights to Puerto Rico can fall by up to halfish*
- 27. FOOD & WINE
- 28. IT’S NOT HOW MUCHYOU SPEND, IT’S HOW MUCH YOU KNOW FINE WINE Can Be Cheap
- 29. TRICK QUESTION: WHICH IS CHEAPER? 95pts 89pts
- 30. ANSWER: 95pt Herzog Cabernet 95pts $39.99 89pts $80.00
- 31. IT’S NOT HOW MUCHYOU SPEND, IT’S HOW MUCH YOU KNOW GREAT COFFEE Can Be Cheap Too
- 32. Everyone Knows This Debate VS Starbucks “Regular” Coffee
- 33. But What About This Debate? VS Starbucks Gourmet Coffee
- 34. = $2.67per day COST OF A STARBUCKS COFFEE EVERY DAY
- 35. + + French Press $19.99 Conical Grinder $110 9.125lbs Gourmet Coffee (1 year’s worth) $164.25 = $0.8per day COST OF A GOURMET COFFEE EVERY DAY
- 36. TRICK QUESTION: WHICH IS CHEAPER? HAPPY MEAL BALSAMIC BEEF KEBABS
- 37. ANSWER: BALSAMIC BEEF KEBABS HAPPY MEAL BALSAMIC BEEF KEBABS 2.82 Per Serving Homemade2.89 Per Serving at McDonald’s Also WAY Healthier according to budgetbytes.com
- 38. HOME
- 39. This IKEA Sofa’s Only $999..
- 40. ..BUT THERE’S A CATCH“some” assembly required
- 41. 2K Extra Gets You This... PERK: Absolutely no assembly required
- 42. 2K Extra Gets You This... PERK: Absolutely no assembly required $0.14
- 43. $0.14!?ALLOW US TO EXPLAIN
- 44. FACT 1:The Average AmericanWatches 4 Hours of TV a Day (i.e. they spend 4hrs on the couch)
- 45. FACT 2:The Average Couch Lasts 10 Years. (Any longer and it starts to look like this)
- 46. ASSUMING YOU SPEND 14,600 HOURS ON YOUR COUCH OVER ITS LIFETIME 14,600 $1,000 14,600 $3,000 = $0.06per hour $0.20per hour =
- 47. HAPPINESS THE KEYTO PRICING IS SPENDING MONEY WISELY
- 48. YOU THE PRICE OF HAPPINESS DEPENDS ON
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