Becoming part of the world’s top 5%. Top percentages can be found in any field and industry. Even our lives seemed to be measured in percentages. This continuous measurement of aspects in our lives has brought insights, clarity and also stress. We are constantly stimulated to do better using various percentages. Financially we are constantly fed with becoming part of the 1% and this by making use of people that are the 1% within the 1%. But what is it that truly makes us part of top percentile?
Metrics, metrics and more metrics. We are in an age where everything is measured as it supposedly give us clear ways to improve. But what is it that we are improving? From a finance perspective we are improving how much and what we will be able to purchase. We are improving technological advancements which helps with ease of living.
Are purchasing power and ease of living measurements of truly being in the top percentile? One could say yes. But then we are ignoring a really important aspect of truly being successful and that is happiness.
The comparison of happiness and finances can be found everywhere you look, whether it be meme’s, studies or conversations. Your finances are a factor when looking at happiness. As when finances are not at a level where you can make ends meet then it greatly impacts your happiness, however the higher your finances the less impact it has on your overall happiness. It’s no myth that being financially well off doesn’t mean that your happy. Your happiness is determined by your sense of accomplishment and quality of relationships. Besides rumours and hearsay we can simply look at various studies. The happiest country in the world is Finland but it isn’t in the top 10 countries when ranked by average yearly income.
But what about becoming part of the world’s top 5%?
If you are reading this chances are high that you are already part of the world’s top 5% when it comes to average income. With an annual income of USD 29,000 you are already part of the financial 5% Guess what if you make USD 2828 annually you already belong to the top 50% globally. Truly being part of the top 5% is being able to also give yourself a happiness score of 7.4 . And the great thing about this is that you can already influence your happiness with something as simple as gratitude! So stop comparing and start appreciating the wonderful chances life gives you.