Lagom translates as “just the right amount.” It means knowing when enough is enough, and trying to find balance and moderation rather than constantly grasping for more. Lagom is that feeling of contentment we all get when we have all that we need to make us comfortable. It’s neither a millionaire’s splurge in Vegas, nor a pauper’s cold winter night. It means having a roof over your head, food in your belly, friends at your back, and money — just enough money — in your pockets. If Goldilocks had a catchphrase, it would be “let’s lagom this bear house.”

Source: Lagom: Swedish philosophy on accepting “just enough” – Big Think