A new study of 450,000 Americans between 2008 and 2009 found that there are two forms of happiness, “day-to-day contentment” (emotional well-being) and overall “life assessment,” which is satisfaction with one’s place in the world. While money won’t affect your day to day emotional well being, researchers discovered that as your salary rises up to $75,000 your overall life assessment gets higher and you get happier, but after that it won’t rise much.
“Giving people more income beyond 75K is not going to do much for their daily mood … but it is going to make them feel they have a better life,” says Angus Deaton, an economist who conducted the survey. Not surprisingly, someone who moves from a $100,000-a-year job to one paying $200,000 realizes an improved sense of success. That doesn’t necessarily mean they are happier day to day, Deaton said.
What do you think LIFERS, will $75,000 be enough to stop your whining???
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“What do you think LIFERS; will $75,000 be enough to stop your whining???”
Cut me a check and I’ll let you know.
Just playin’… unless you’re gonna do it.
But, seriously, I think that it’s a given that more money provides a sense of success and well-being. Money gives you options. Without it, you’re bound by the stress of not having it & trying to make ends meet; even when you’re not working. When you have free time, without having any money, you can’t really do a great deal of things, simply because just about everything requires some amount of money. This is the reason why the drug trade, prostitution and other forms of crime are so prevalent. People want to quickest route from “Skid Row” to “Easy Street”, by any means necessary. If you’ve come from a background of extreme poverty, you can understand (& possibly relate to) that mentality; being broke sucks majorly!