Anchored to the status-quo

Both Jack and Jane have $5 million. Who is the happier of the two?

The answer depends on where they started from. If Jack had $1 million and won 4$ million in a lottery, while Jane started with $10 million and lost $5 million in a financial crisis, he would be a lot happier than she is. It isn’t the amount of wealth that makes people happy. It’s the deviation from the status-quo.

For better or for worse, people are anchored to the status-quo. When you seek to make any change, the status-quo would be an anchor you would drag along, unless you can free yourself of it.

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