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I gotta go with the notion that money does not equal happiness, but it's awfully challenging to have real happiness if every day is a struggle just to survive. Having some money is usually (but not inevitably and universally) necessary to maintain the inner resources to be happy, I think.
Personally, I like to be comfortable. I don't feel any real need to be rich. Just a decent apartment, pay the bills, and have some money left over to occasionally have some friends over for dinner, and be able to buy books.
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Dull sublunary lovers love,
Whose soul is sense, cannot admit
Absence, because it doth remove
That thing which elemented it.
(From "A Valediction: Forbidding Mourning" by John Donne)
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