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[–] tryingthisout 0 points 7 points (+7|-0) ago 

Bullshit. Not being able to afford emergencies, or quality housing, or healthy food, or free time, will far outweigh any philosophical benefits of being forced to go without.

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[–] moshi ago 

Definitely. Basic needs need to be met first, and you may want to have a surplus to ensure that you will be okay in emergencies or to ensure that your family is comfortable, but beyond that buying luxuries won't contribute to true happiness. Short-term happiness, maybe. At least that's how I see it.