Will $60,000/month make you happy?

Are you happier now that you get to hang out with your friends in May? That's a sixty thousand a month surprising answer. No, no, I'm just kidding. Yes, like yes, a lot! I'm 100 percent no extra. I know, okay, definitely. Okay, money will not cure who you are. If you are a depressed person, money is not going to cure you and make you into a happy, bubbly, cheery person. It's not. Money will simply amplify who you are.

So, if you have been a happy person—I was always optimistic, I was always a happy person, always just looking at the good in life—I was always looking at the good. Money just amplifies that. So yes, it has made me happier. Will it make somebody that has personal issues or maybe mental issues happier? Maybe not, you know? Maybe somebody that's clinically depressed, maybe it won't make you happier. But I think that if you come from, you know, a history of just living, you're okay, you're content with life, then it will honestly make you happier.

And not because you can go and buy a Ferrari. Granted, I do like fast cars, and I do want a GTR, which I'm getting, like, right when I get back home. Yeah, you better get the GTR. I'm getting the GTR! Yeah, but I notice, I know it's just a car. Like I already know it's just a car, you know? I'm excited, you know, but I know it's not gonna be happiness. Happiness is like connection with loved ones. It's like something that you do to change other people's lives for the world.

So, what money actually has done for me is—like my— I grew up with one parent, right? So she's never made more than $3,000 a month. So I'm getting personal. My mom has been broke forever! Like her checks—like her bi-weekly checks are less than $700, right? Which is crazy, crazy, crazy! But being able to completely cover her—like whatever she needs at this point in my life I can give to her.

Right? If she cannot afford a payment, done. If she, you know, cannot afford her rent or her, you know, her mortgage, done! Like I can help her. And that has been by far, like, what has made me the happiest person ever. Being able to give back to people that don't really have. So that's kind of cliché too.

But, ya know, a few things that I do believe that money really amplifies who you are as a person. And if you are a person, money is gonna make you—if you're a great person, money is going to make you an even greater person, right? The thing that I've seen is two things: one, the biggest problems that a lot of people attribute their happiness and they tie their happiness to external factors, like how much money they're making or how much success they're getting, and that becomes their identity.

Their identity becomes: I am this person who makes, we'll call it, you know, sixty thousand a month, over a hundred thousand dollars a month, and I am this person who makes this happen. What happens when that doesn't happen? Are you not a happy person anymore? You're happy when that continues and continues growing, but when that doesn't, does your happiness fade? And that's the biggest problem that I see, and that I think we're all guilty of. I'm certainly guilty of it.

When you are in a certain amount, you tie your happiness to that, and when it doesn't happen, then all of a sudden you're not happy anymore. Mmm-hmm. The other thing I've realized—and maybe this is something where this is newer to you than something—they were if you've done this for like three years now, you become accustomed to that money. Then all of a sudden, sixty thousand a month is normal, and mastering a new baseline, where all of a sudden you make sixty thousand a month and it's not exciting anymore, it's not anything anymore! It just becomes normal at that point.

And what you have to do to any sort of like boost is you gotta be like, okay, now I'm gonna get eighty thousand dollars a month. You do that, you feel great! Mmm-hmm! But then after a while, the same thing happens: that becomes your baseline. And then the question is, is that necessarily a bad thing?

Like if you, okay, I know that there has to be a cap, right? But you can't—obviously—chase money your entire life. You're probably not gonna be happy, right? If you just—all you want is to earn more until you die, like you're probably not gonna be a happy person. Here's the thing, that the problem comes when you tie your happiness to something you can't control.

And generally, how much money you make is something you can't control. And really, I think it's—you tie your happiness to any sort of external thing that's outside of your control. I mean, it's just—it's gonna be what it is. And I think if you tie your happiness to anything else other than just being in a state of mind where you're happy, which is being you—that's, I think, where the problem comes maybe.

And it's tying happiness and tying your identity to like, I am this person with this—the real estate YouTuber, and I am—I have this rental properties and I do this and that. And you all of a sudden, your happiness is dependent on all these different things, and it becomes this, like, house of cards where if one of them falls down, they all collapse, and then you lose yourself as a person—because there's so much, just like my identity, everything I have is tied to all of these things.

So yeah, we were gonna go there today. It is deep, but I actually agree. You shouldn't—you shouldn't tie your happiness to anything that's not tangible, that's something that you don't have any control of. And I also agree with the fact that you probably do become, like, accustomed to it. I know that, you know, ten thousand dollars a month a couple months ago for me would be like, that's crazy! But if I got ten thousand dollars a month now, I would feel like this has been a terrible month.

So, I don't know, like maybe you do go—you do get used to it! But at the same time, like, you always, always, always have to take a step out of your brain. Like I feel like people don't do this enough. You always have to take a step out of your body and look at yourself from a third person and say, you are still making—like you're still doing something that's greater.

The problem with that—and this is why it's so difficult—is because when you're making that amount of money, you associate with other people that make that same amount of money. Okay? And that is your new—I forget the term, but there is definitely a term for it—where at a certain level, you see other people at that same level, and that becomes your normal! Mmm. And it's so hard to break out of that.

It's like comparing yourself, let's say you're working ten dollars an hour at McDonald's and thinking, you know what I mean, this is probably a healthy way of looking at it—that there are people in third world countries that make ten dollars in a month, and I make bread in an hour! Yeah, but for you, you're working with other people who are making ten dollars an hour, right?

You go and see other people are making more than that and you wish, like, if only I had that! And yeah, let's say you have the salary job, sixty thousand dollars a year. You see other people making sixty thousand dollars a year. You don't compare yourself to the person in McDonald's making ten dollars an hour, and you don't compare yourself with the people who are in third-world countries. You compare yourself with those who are around you. Just as you make a million dollars a year, you're with other people making a million dollars a year.

It's one of these crazy things—like again, if you told me at, like, you know, eighteen that you would be making, like, sixty-five thousand a month in real estate, I would just be—what? That would be like, "Give me one month of that!" If you give me one month of that a year, that's it! Like that, like that would be it. But now it just becomes the—like okay, now that's—that's what's accustomed to that sort of—that's what's normal.

And then all of a sudden, you're around and hanging out with other people making, you know, sixty thousand a month. And then again, because that's all you're used to, now the good news on that is because you're seeing all these other people, you're getting the influence and you're realizing what's behind you, you make the connections, and you see what other people are doing, and it could continue—no, continue growing from that.

But in terms of just like a—that's great from a business perspective, but from like a happiness perspective, I personally noticed I haven't gotten any happier. Like the happiest that I've been I think is really just when you put it all in perspective and you realize that it's not tied to anything. It's really doing what you love doing, and if you can help people at the same time, I think that's even all the better.

And I think that just helps give you purpose and fulfillment. But I think it's really just so much as a state of mind versus, like, making a ton of money. And what else does—there's a study that was done, like, anything over seventy-five grand, your happiness doesn't really—like it kind of plateaus at that level. Personally, I feel like it's probably more around like a hundred fifty, but I live in California. In California, anywhere else in the world, I'm sure it's like seventy-five grand, but yeah, California, we're doing a hundred fifty.

Yeah, so does it plateau? Basically, is what you're asking? There's like, you know, you get happier and happier, and then at some point, it just stops. Um, I couldn't tell you! Like, I'm not gonna try to give—or say something that I don't know because I am relatively new—it hasn't even been a year. But I think that making more money has made me happier because I'm able to do things on a greater scale that make me happier.

So, I liked helping people when I didn't have anything, but I could help one to people when I didn't have anything. And now, you know, obviously with money comes power—I can do bigger things, and I can help fifty people or a hundred people. So that's not gonna be the case for everyone. I think that's actually an extreme case and it won't be like that for most people. But for me, yeah, it has consistently made me happier.

But it could stop; I don't know. I couldn't say. I'm just gonna be honest; I don't know. Yeah, I remember when I made my first sale in real estate. I think—I mean, I think if the commission at that time was like forty grand, and I had just learned, like, nineteen years old, my first deal in real estate—Chuck! Yeah, that was more money than I had ever seen in my life, right? That’s more money than my parents have probably ever had in their bank account at one time before! I remember—I mean that was just like, holy! Like I was on cloud nine.

And I hate to say now, but if I get a forty-thousand dollar check now, it makes no difference whatsoever. It's like, I don't get me wrong—like I like it, but it doesn't lead to any difference in terms of like quality of life or anything like yes, it's nice, but it's not something that I would—I mean, so forty grand, I'd probably go into dinner. I mean, that would probably be the extent.

I think so, okay. How about this? What if you were to just run into a celebrity and you sold their house and you got like a check for two million dollars? Totally! What would you do? Would you just like watch Netflix? Or no! Oh my god, no! No, what I would realistically do for two million dollars, I would probably put fifty percent down on probably an apartment building. Mhm, and just pretend like that money never even existed! Tell me what I do, but okay.

So what, like, would it make you like—you know? Yeah, I know how—two hundred percent of a hundred percent. It way, so a hundred percent! But then when you do that, you realize like then you need another one of those. Yeah! And if you do anything under two million dollars in admission, yeah, then it's just like not a big deal.

And I've had that happen before. And one of the biggest things I see with new agents: their first deal—and sometimes it is a blessing and a curse—their first deal will be like a five-million dollar deal, and they'll make like a hundred and twenty grand their first deal. Yeah, seen it happen all the time! What ends up happening is that they don't want to waste their time on anything under that. Yes, now that's certainly a threshold.

Yeah, I've seen it happen so many times! Yeah, I mean it's just like why would I bother with this one-million-dollar house when I could just wait and do like a seven-million-dollar house? I think another hundred grand? Yeah, no, I do that often too.

This has honestly been like probably one of the deepest talks I think I've had on on the YouTubes so far in terms of like stuff like this. I think it's really important because a lot of people don't think about it; they just think about the money. Yeah, I want this, but they don't really think about the bigger picture of it all. So, I mean these are just our thoughts, and it's coming from two entirely different perspectives.

And the thing is, it’s like these are just my opinions. Maybe I'm wrong; I have no ideas! Yeah, I mean it's all subjective. Yeah, it's all based on your life, where you grew up, your brain. So, alright, I think we just scratched the surface, man. Oh, you get a lot deeper! Maybe, you know, I think we cool.

I've been saying this now for like two months, I want to start a podcast. I gotta start a podcast. It's like it would be cool to go and like just like have a podcast. Yeah, just listen to it, not to worry about making it—just it's got to have the best content as people are watching it. You can ramble like this, just inaudible, and people listen.

So, as always, you guys, thank you so much for watching! I'm going to link Sebastien's information. If you've watched this also all the way through and you haven't subscribed to me because my analytics tell me that nearly fifty percent of you watching are not subscribed, subscribe! You got to subscribe! Subscribe to—you gotta subscribe! Or at least if you're like, I'm not gonna subscribe to Graham, at least smash the like button there. Leave—smash!

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