31 Jan '14, 10am

Knowing when enough is enough to get by #wealth #money #wellbeing

In a society where success is measured mainly in terms of money, it is only natural that we want more wealth to be considered successful. Yet, as Wall Street trader Sam Polkjan observed in a recent New York Times commentary, the relentless pursuit of money can turn into an obsession that proves difficult to shake off. In his final year on Wall Street, Mr Polkjan was paid a US$3.6 million (S$4.6 million) bonus yet he was angry because he felt the payout was not big enough. "I was 30 years old, had no children to raise, no debts to pay, no philanthropic goal in mind. I wanted more money for exactly the same reason an alcoholic needed another drink: I was addicted," he said. But the satisfaction was not just about having plenty of money. It was also about having the power that came with it. Mr Polkjan said: "Because of how smart and successful I was, it was someone's job to m...

Full article: http://www.cpf.gov.sg/imsavvy/infohub_article.asp?readid=...

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