Part 1/8:

Rethinking Wealth: The Relationship Between Money and Happiness

In discussions surrounding personal finance, one is often reminded of the famous words of Warren Buffett, who referred to compound interest as the "eighth wonder of the world." This concept resonates with many, particularly those aiming for financial independence and retirement at a young age—a movement commonly known as FIRE (Financial Independence, Retire Early). While the allure of accumulating wealth through smart investments is compelling, it can inadvertently propagate a culture of extreme frugality that may detract from overall life satisfaction.