J. Money of Budgets Are Sexy points out, with 5 examples from his own life, how there's an optimal level of spending.
Episode 218: The Exact Amount to Maximize Happiness by J. Money of Budgets Are Sexy.
J. Money is a 6'1, hyperactive, rock a ‘hawk who loves drinking beer, blaring hip-hop, talking about money, and now playing with his two adorable baby boys.
He tracked his expenses for 3 months, made a budget, read some books, and stumbled into personal finance blogging and idea sharing, randomly turning BudgetsAreSexy.com into his full time “real job” a few short years later–14 million views later!
The original post is located here: http://www.budgetsaresexy.com/2014/05/exact-amount-money-maximize-happiness