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Being rich and unhappy or living a simple and happy life?

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Sometimes I wonder if chasing wealth is really worth our time. Some people spend years chasing it and when they find wealth they realize that this is not what they were looking for, but rather a simple and peaceful life. Do you believe that it is better to be simple and happy than rich and unhappy?
 
The funny thing is a person could be living a simple life and still be rich or wealthy. The most important thing is that there is a stable flow of income to do whatever you want to do whenever you need to do it.
 
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