Money 101 · Episode 14

The Hedonic Treadmill: Why You Can't Buy Happiness

The happiness from every promotion, every raise, every new job arrived, stayed about six months, then disappeared.

The Hedonic Treadmill: Why You Can't Buy Happiness — Episode 14

What you'll learn

  • What the hedonic treadmill means
  • Why financial upgrades lose emotional impact
  • Why more is not always better
▶ Watch Episode 14

The Hedonic Treadmill: Why You Can't Buy Happiness

The raise feels different at first

A promotion or purchase can create a genuine emotional lift.

Hedonic adaptation

People adapt to many changes, and yesterday's exceptional can become today's normal.

The baseline moves

When spending rises with income, the new lifestyle becomes the minimum.

More is not the same as better

Money can remove real problems without every additional purchase creating lasting satisfaction.

Use money for what lasts

Time, flexibility, security and options can outlast the novelty of consumption.

Mike Petry Journal · Read the deeper story

Why More Stops Feeling Like More

The deeper Mike Petry Journal essay connected to Episode 14, exploring the idea behind the episode from the perspective of money, behaviour and financial freedom.

Read the essay on Mike Petry Journal →
Questions this episode answers

What is Episode 14 about?

The happiness from every promotion, every raise, every new job arrived, stayed about six months, then disappeared.

What the hedonic treadmill means

A promotion or purchase can create a genuine emotional lift.

Why financial upgrades lose emotional impact

People adapt to many changes, and yesterday's exceptional can become today's normal.

Educational and entertainment content only. This page is not financial advice. Do your own research or speak with a qualified professional before making financial decisions.