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So what if someone says on average back in 2008 people seemed to equate 75k with happiness? How does that affect me and how does that allow me take meaningful action? It doesn't. I earn what I earn and all of a sudden realizing that I am not earning enough to be happy is not going to change that. I never know what to do with articles like that and try to stay away from them.
There is no threshold of happiness relating to income. Happiness is dependent on way more things than just income.
Here we go with that all-or-nothing thinking . Of course income matters. It's not the only thing that matters...but living on 75K is generally going to make a person happier than living on 7.5K.
Here we go with that all-or-nothing thinking . Of course income matters. It's not the only thing that matters...but living on 75K is generally going to make a person happier than living on 7.5K.
Yup. Not only that, this article went as far as finding a psychological income threshold of 75k. It's not 20k or 500k. It's 75k.
As it was pointed out, some places might need more because of the cost of living. But in general, I agree that after a certain amount happniess ceases to grow just because your income grows. I can say for that even if I made $1 million a year my happiness would not increase, my level of stasfaction with life will grow. Anyone make more then 75K that can attest to this?
Happiness is hard to quantify but anyone that says money can't buy happiness, probably doesn't have a lot of money.
I'm in an upper income bracket and for me, it's the ability to not have to worry about finances that makes me happy.
The problems with these hard and fast numbers is that they are easy to understand, make ground sound bytes, and flashy headlines. Reality is often much more complex and subtle. It depends on where you live, it depends what you do, and it depends what other factors are part of your life.
Exactly. I was fairly unhappy at twice that income, and am extremely happy at less than that.
Factors that affect this are ex-husband vs. current husband, state that I'm living in, my health and my former job vs. my current job.
Especially the "happiness at work" thing. I make MUCH less that I did before, but I look forward to going to work every single day, I love my boss and coworkers, my commute is about 5 minutes instead of an hour, and I'm challenged every day instead of going through the motions. Would I like to make more money? Sure. But not at the expense of my situation in life.
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. Of course income matters. It's not the only thing that matters...but living on 75K is generally going to make a person happier than living on 7.5K.
