pull down to refresh

11 sats \ 5 replies \ @Satosora 26 May \ parent \ on: The Cost of Living vs The Quality of Life BooksAndArticles
I just thought it would be flipped. I thought England and Scotland would be better than Ireland.
write
preview
20 sats \ 4 replies \ @Coinsreporter OP 26 May
Considering the cost of living is higher in Ireland the quality of life has to be better. The comparison between UK and Ireland clearly depicts the purpose of this post.
reply
11 sats \ 3 replies \ @Satosora 26 May
Just surprising, thats all. Maybe I learned too much history on Ireland and their problems so it makes my thinking a bit biased.
reply
10 sats \ 2 replies \ @Coinsreporter OP 26 May
It was surprising to me as well when I just noticed both these charts and found that all countries with higher cost of living have higher quality of life as well. Why is there no country that can be frugal for living, yet posses high quality life?
reply
11 sats \ 1 reply \ @Satosora 26 May
It could be a bias in how they took the data. You cant always believe everything that is posted. Not that I am saying it isnt accurate, maybe it isnt getting a large enough sample size.
reply
10 sats \ 0 replies \ @Coinsreporter OP 26 May
Technically it's correct. The people who spend more money will surely lead higher quality of life. Just suppose, a person having all the riches, yet he wears torn clothes just to save more. Can he say he has the best quality of life? In fact can't. So, all that wealth is just a parameter, it's your behaviour of spending money that affects your life standards.
reply