Considering How Much is Enough

You don't have to be wealthy to achieve financial well-being. Research shows that beyond a modest point, more money has a limited effect on happiness.

• Once our basic needs are met, we can quickly get used to increased wealth. Our financial status may even feel ordinary or inadequate.
• Building financial resilience is helpful, such as building emergency savings, dealing with student debt, and finding reasonable mortgages and car loans.
• Setting personal goals can help you progress toward financial well-being. It won't transform your financial life overnight, but committing to healthy changes may make you feel better.