Hedonic

Jewels of Financial Wisdom From Ancient Religious Texts
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There are a few basic tenets to follow if you want to grow your wealth without compromising your integrity: Save more than you earn. Watch out for debt. Live simply. Don’t be greedy. Give back if you can. Remarkably, these foundations were being discussed by the ancient thinkers who wrote our most famous religious texts. […]

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The Magic of Hedonic Adaptation
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If you’re wondering what on Earth “hedonic adaptation” is, keep reading. It’s a fancy term for something that’s actually pretty straightforward. The other day, I happened to find myself at a Whole Foods. Now, I don’t have anything whatsoever against Whole Foods. I think they sell a ton of good products there. Having said that, […]

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31 Days to Financial Independence (Day 22): Using ‘the Gap’ and Avoiding Lifestyle Inflation
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“31 Days to Financial Independence” is an ongoing series that appears every Thursday on The Simple Dollar. You might want to start this series from the beginning! Last time, we finished up our series of discussions on strategies for increasing your income with a look at starting a side business and dabbling in entrepreneurship. Today, […]

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