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HAPPINESS PUTTING A PRICE ON
49

Putting A Price On Happiness

Aug 19, 2014

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They always say you can't put a price on happiness...we think otherwise. Watch as we break down what we think are the various components of happiness, and come up with a strategy that makes it easy for anyone to make it work.
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Page 1: Putting A Price On Happiness

HAPPINESS

PUTTING A PRICE ON

Page 2: Putting A Price On Happiness
Page 3: Putting A Price On Happiness

21%

7%

10%

14%18%

30%HousingTransportationFoodSavingsUtilitiesEverything Else

HEALTHY PERSONAL FINANCES

HousingEverything

Else

FoodTransport-

ation

Savings

Utilities

Page 4: Putting A Price On Happiness

50k 100k 200k

Housing (30%) 15k 30k 60k

Transportation (18%)

9k 18k 36k

Food (14%) 7k 14k 28k

Savings (10%) 5k 10k 20k

Utilities (7%) 3.5k 7k 14k

Everything Else (21%)

10.5k 21k 42k

BUDGET APPLIED TO DIFFERENT SALARIES

after taxes after taxes after taxes

Page 5: Putting A Price On Happiness

50k 100k 200k

Housing (30%) 15k 30k 60k

Transportation (18%)

9k 18k 36k

Food (14%) 7k 14k 28k

Savings (10%) 5k 10k 20k

Utilities (7%) 3.5k 7k 14k

Everything Else (21%)

10.5k 21k 42k

BUDGET APPLIED TO DIFFERENT SALARIES

HAPPINESS

after taxes after taxes after taxes

Page 6: Putting A Price On Happiness
Page 7: Putting A Price On Happiness

WINECLOTHES

TRAVEL

CARS

HOME

CHOOSE ONE (OR MORE)

Page 8: Putting A Price On Happiness

WINECLOTHES

TRAVEL

CARS

HOME

THEN DO IT RIGHT

Page 9: Putting A Price On Happiness

CARS

Page 10: Putting A Price On Happiness

“REGULAR” CARS DEPRECIATE30k

25k

20k

15k

10k

5k

1yr 2yr 3yr 4yr 5yr

Page 11: Putting A Price On Happiness

CLASSIC CARS APPRECIATE

206%1963 CHEVY IMPALA’S VALUE HAS INCREASED

OVER THE PAST 10 YEARS

Page 12: Putting A Price On Happiness

206%1963 CHEVY IMPALA’S VALUE HAS INCREASED

OVER THE PAST 10 YEARS...AND GET APPRECIATED

CLASSIC CARS APPRECIATE

Page 13: Putting A Price On Happiness

VS19k$540/mo lease for 3 years =

buy a $30k classic car and drive for 3 years (with $15k maintenance/upkeep) and still sell for around $43k = S2k

COST OF LEASING A 2013 IMPALA

COST OF OWNING A 1963 IMPALA

Page 14: Putting A Price On Happiness

VS$540/mo lease for 3 years =

buy a $30k classic car and drive for 3 years (with $15k maintenance/upkeep) and still sell for around $43k = S2k

COST OF LEASING A 2013 IMPALA

COST OF OWNING A 1963 IMPALA

19kAS LONG AS YOU sell your car for

more than 26k, YOU’VE SAVED MONEY(AND GOTten A COOLER CAR)

Page 15: Putting A Price On Happiness

NOT HANDY?

INVEST IN A FUTURE CLASSICINSTEAD OF AN OLD CLASSIC

Page 16: Putting A Price On Happiness

FUTURE CLASSIC

TIMELESS MODEL

BUYING CHECKLIST

FULLY LOADED

LOOKS AWESOME

Page 17: Putting A Price On Happiness

CLOTHES

Page 18: Putting A Price On Happiness

$100

$60

TRICK QUESTION: WHICH IS CHEAPER?

Page 19: Putting A Price On Happiness

perCOST

WEAR

$1 $1 $1 $1 $1 $1 $1 $1 $1 $1

$1 $1 $1 $1 $1 $1 $1 $1 $1 $1

$1 $1 $1 $1 $1 $1 $1 $1 $1 $1

$1 $1 $1 $1 $1 $1 $1 $1 $1 $1

$1 $1 $1 $1 $1 $1 $1 $1 $1 $1

$1 $1 $1 $1 $1 $1 $1 $1 $1 $1

$1 $1 $1 $1 $1 $1 $1 $1 $1 $1

$1 $1 $1 $1 $1 $1 $1 $1 $1 $1

$1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1

$1

$1

$1

$1

$1

Worn 2x's a week=8x's a month=96x's a year

$100 Jeans=$1.04 per wear

$2.5 $2.5 $2.5 $2.5 $2.5 $2.5

$2.5 $2.5 $2.5 $2.5 $2.5 $2.5

$2.5 $2.5 $2.5 $2.5 $2.5 $2.5

$2.5 $2.5 $2.5 $2.5 $2.5 $2.5

$60 Shirt=$2.50 per wearWorn 2x's a month=24x's a year

Page 20: Putting A Price On Happiness

SOME OTHER GOOD BUYS

Worn 5x's a week=20x's a month for 4 months=80x's a year for 3 years=240x’s total

$187 Persol 649’s=$0.78 per wear

Worn 5x's a week=20x's a month for 6 months=120x's a year for 5 years=600x’s total

$549 Burberry Jacket=$0.91 per wear

Worn 3x's a week=12x's a month for=144x's a year for 3 years=434x’s total

$349 Allen Edmonds=$0.80 per wear

HIGH QUALITY & LOW COST PER WEAR

Page 21: Putting A Price On Happiness

SOME NOT SO GOOD BUYSLOW VALUE & HIGH COST PER WEAR

Worn 2x a month for a year =24x’s total

$64 Trend Tee=$2.66 per wear

Worn 3x's a month for 6 months=18x's a year for 2 years=36x’s total

$80 Sweater=$2.22 per wear

Page 22: Putting A Price On Happiness

TRAVEL

Page 23: Putting A Price On Happiness

HURRICANE SEASON: JUNE 1-NOVEMBER 30

PUERTO RICO

Page 24: Putting A Price On Happiness

HURRICANE SEASON 56% OF DAYS IN PUERTO RICO

PICTURED

According to the National Weather Service’s data on cloud cover

Page 25: Putting A Price On Happiness

DROP IN HURRICANE SEASON Flights to Puerto Rico can fall by up to half

TICKET PRICES

Page 26: Putting A Price On Happiness

TICKET PRICES

*we couldn’t find a specific stat, but trust us, we’re professionals

DROP IN HURRICANE SEASON Flights to Puerto Rico can fall by up to halfish*

Page 27: Putting A Price On Happiness

FOOD &WINE

Page 28: Putting A Price On Happiness

IT’S NOT HOW MUCH YOU SPEND, IT’S

HOW MUCH YOU KNOW

FINE WINECan Be Cheap

Page 29: Putting A Price On Happiness

TRICK QUESTION: WHICH IS CHEAPER?

95pts

89pts

Page 30: Putting A Price On Happiness

ANSWER: 95pt Herzog Cabernet

95pts $39.99

89pts $80.00

Page 31: Putting A Price On Happiness

IT’S NOT HOW MUCH YOU SPEND, IT’S

HOW MUCH YOU KNOW

GREAT COFFEECan Be Cheap Too

Page 32: Putting A Price On Happiness

Everyone Knows This Debate

VSStarbucks “Regular” Coffee

Page 33: Putting A Price On Happiness

But What About This Debate?

VSStarbucks Gourmet Coffee

Page 34: Putting A Price On Happiness

= $2.67per day

COST OF A STARBUCKS COFFEE EVERY DAY

Page 35: Putting A Price On Happiness

+ +French Press

$19.99Conical Grinder

$110

9.125lbs Gourmet Coffee (1 year’s worth)

$164.25

= $0.8per day

COST OF A GOURMET COFFEE EVERY DAY

Page 36: Putting A Price On Happiness

TRICK QUESTION: WHICH IS CHEAPER?

HAPPY MEAL BALSAMIC BEEF KEBABS

Page 37: Putting A Price On Happiness

ANSWER: BALSAMIC BEEF KEBABS

HAPPY MEAL BALSAMIC BEEF KEBABS2.82 Per Serving Homemade2.89 Per Serving at McDonald’s

Also WAY Healthier

according to budgetbytes.com

Page 38: Putting A Price On Happiness

HOME

Page 39: Putting A Price On Happiness

This IKEA Sofa’s Only $999..

Page 40: Putting A Price On Happiness

..BUT THERE’S A CATCH

“some” assembly required

Page 41: Putting A Price On Happiness

2K Extra Gets You This...

PERK: Absolutely no assembly required

Page 42: Putting A Price On Happiness

2K Extra Gets You This...

PERK: Absolutely no assembly required

$0.14

Page 43: Putting A Price On Happiness

$0.14!?ALLOW US TO EXPLAIN

Page 44: Putting A Price On Happiness

FACT 1:The Average American Watches

4 Hours of TV a Day(i.e. they spend 4hrs

on the couch)

Page 45: Putting A Price On Happiness

FACT 2:The Average Couch Lasts 10 Years.

(Any longer and it starts to look like this)

Page 46: Putting A Price On Happiness

ASSUMING YOU SPEND 14,600 HOURS ON YOUR COUCH OVER ITS LIFETIME

14,600$1,000

14,600$3,000

= $0.06per hour

$0.20per hour

=

Page 47: Putting A Price On Happiness

HAPPINESSTHE KEY TO PRICING

IS SPENDING MONEY

WISELY

Page 48: Putting A Price On Happiness

YOUTHE PRICE OF HAPPINESS DEPENDS ON

Page 49: Putting A Price On Happiness

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