The Floor and the Ceiling: How Much Money Is Enough?

When it comes to money, some people have a floor and some have a ceiling. The floor is the minimum amount of money to live reasonably well. The ceiling is the magic number of what you might possibly achieve in your wildest dreams.

Normally there’s nothing wrong with dreaming. But to be happier in life when it comes to money, choose the floor.

It’s important to note that the floor is not just the bare minimum for survival. It’s the bare minimum to live decently.

When Jolie and I were in college...