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Welcome to Prop G on Money, a special series where we're joined by Morgan

Hausel, best-selling author of The Psychology of Money, along with his latest The Art of Spending

Money. This is the second and final episode where we're taking your questions on all things

money, saving, spending, and everything in between. Anyways, if you'd like to submit a question for next time, you can send a voice recording to Office Hours of Propton Media.com. Again, that's Office Hours of Propton Media.com or post your question on the Scott Galloway Subbrowett. Morgan, you're ready to chop some wood here? Let's do it. Our first question comes from user Delicious Coffee 993 on Reddit. They say,

at what liquid net worth should people consider just slowing down and enjoy time over continuing

to build via paychecks? Unless you start your own business, it is unlikely most people will hit

Scott's level of wealth. So at what point should people consider it enough? Or put another way, at what point is another one million just not worth the loss of time with

kids, parents, et cetera? The difficulty of this question is how easy it is to tell yourself,

once I have a million, that will feel like it's enough, or five million, or ten million,

whatever it might be. And you genuinely tell yourself that. You genuinely believe it that once you have that much, then you won't feel any desire for more. And if you are like 99.9% of people, if you're fortunate enough to get to $1 million, $5 million, $10 million, whatever it is, then the right amount is going to be roughly double that. There's so much evidence from the research that shows that no matter how much money you have or how much money you earn, the amount that you think is enough

is double of what you have right now. People who have $100, say the right amount is $200.

...