You need a certain amount of money to cover the basic necessities of life up to a reasonable level, but frankly that's far more modest than most people tend to think they need IMO. Obviously missing meals, freezing, etc., is not fun, and can send you into depression. Beyond that, your enjoyment of life comes from very different things. If you think it's money you're missing and chase it, you won't be happy even if you get it. IF you've got your life squared away and you're enjoying it for the right reasons though, more money makes more things possible and therefore more gooder.
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