The Price of Happiness? 50K
Photo: Mark Sebastian on freestockphotos.bizThey say you can’t put a price on happiness. Well, turns out you can, according to The Marist Institute for Public Opinion. They found that having a household income of at least $50,000 increased your chance of happiness. The people polled who made at or above 50K were more satisfied with areas of life like family, friends, housing, and work than those who made less. Interestingly, there’s also a price cap on contentment. A 2010 study from Princeton revealed that this boost in happiness topped out at $75,000. Beyond that, income might increase but happiness doesn’t necessarily follow suit.
Does money factor into your happiness?
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I can totally see that, I only have $26K of debt left but I make such a small amount working in a computer shop. If I could boost my income to $50k a year that would really make things a lot better!
Hm.. Happiness and money. Are they relatve? I don’t think so. I’m happy when my wife smiles to me, when my kids are healthy, when it’s good weather outside or a clear stars-full sky above. Something like that)