Happiness Stack Framework

A research-based framework showing how different types of spending correlate with happiness levels among wealthy individuals, based on extensive data collection and analysis.

Happiness Stack (Ranked from lowest to highest impact)

  • Basic Purchases (Lowest happiness impact)

    • Buying general "stuff" provides some happiness
    • Less impactful than targeted spending
    • Still contributes to overall satisfaction
  • Hobby-Related Purchases

    • 20-40% higher happiness impact than general purchases
    • Examples: F1 car for racing enthusiasts
    • More meaningful when aligned with personal interests
  • Experiences

    • Higher happiness impact than material purchases
    • Creates lasting memories and satisfaction
    • Consistently rated as better investment than items
  • Targeted Philanthropy

    • Second-highest happiness generator
    • Must be focused on specific causes person cares about
    • More impactful than general charitable giving
  • Freedom-Inducing Investments (Highest happiness impact)

    • Top contributor to happiness
    • Examples:
      • Private jet (provides freedom of movement)
      • Personal assistant (provides freedom of time)
      • Home staff (reduces daily friction)
    • Value comes from increased autonomy and control

Key Research Findings

  • Happiness continues increasing with wealth

    • Tracked up to $3-4M annual income
    • Contradicts previous studies suggesting caps at lower levels
    • Rate of increase may slow but doesn't plateau
  • Wealth Impact Patterns

    • Net worth increases = happiness increases
    • Net worth stable = slight happiness increase
    • Net worth decreases = significant happiness decrease
    • Pattern holds regardless of wealth level (tested up to $50M)

Common Traits Among Wealthy ($5M+ net worth)

  • 90%+ maintain daily to-do lists or organizational systems
  • Most remain actively engaged in business/wealth building
  • Consistent exercise/fitness routines
  • Prefer being "burned out than bored" in challenging roles
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Patrick Campbell

Co-founded Advocately, a review management platform for SaaS companies, in 2016. Overcame initial slow growth by applying lessons from past startup failures to shape strategy for AMP, an 8-figure SaaS company.

Emphasizes customer focus, speed, and effective goal-setting using the V2MOM framework to align company priorities. Developed strategies to balance product-led and sales-led growth in competitive e-commerce markets.

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