How Much Money Would Make You Happy?
Two Nobel laureates have found a price tag to it.
More money will buy you more happiness.
This is not to say that money = happiness.
It simply means that the more financial resources you have, the more joyful and satisfied you’ll feel with your life.
But there’s a fine print to it (there’s always an annoying catch, isn’t there?).
Money improves your happiness level until it reaches a certain amount. After that, no matter how much you earn, it won’t make any difference whatsoever.
I was always baffled by the fact that while studying psychology, there wasn’t a single teacher who told us anything about happiness. And certainly not about money influencing it!
Now, you don’t have to scroll down to get the answer:
It’s $90,500 a year.
The short answer, that is. Let me take you through it.
How do we get to that amount?
What’s Considered Well-Being Anyway?
Two Noble laureates in economics, psychologist Daniel Kahneman and economist Angus Deaton wanted to find out what the influence of money on our subjective sense of happiness was.
