Three Levels of Wealth

I loved this on wealth from Stewart Butterfield, who co-founded Slack as well as Flickr, two of the sites I use often in my #bloglyfe. He was on How I Built This with Guy Raz, and he talked about three levels of having money.

I really feel like there’s kind of – there’s three levels of wealth in the world. The first level is, I’m not stressed out about debt. Like, people who no longer worry about their credit card bills or their student loans. That’s, like, level one of wealth.

Level two is, I don’t care what stuff costs in restaurants. You know, you’re like, I really want this thing, but it’s $18. But the other thing’s $12. So I’ll get the $12 one. There’s a level where – like, suddenly it doesn’t really matter which – how much you spend on a particular meal.

And then the ultimate level of wealth is, I don’t care what vacation costs. Like, I don’t care how expensive the hotel is or which flight we go on. Beyond that, I really don’t think it makes any difference.

This makes sense in my head. I don’t know that these levels are worth pursuing — especially the last two — but I think what he’s saying is probably correct.