How Much Money is Too Much?

Tuesday, September 07, 2010

How much money do you need to have a happier life? New research says you stop getting happier after you reach a salary of $75,000 a year. After that point, according to the study from Princeton, "life evaluations" level off. We look at why this is, and we want to know from you, When has having more money made you LESS happy?

With the unemployment rate in the U.S. at 9.6 percent, money is on every American’s mind, especially when it comes to one's salary. Although it is assumed that more money equals more happiness, a new study shows that this isn't true. The Princeton University study shows that more money doesn’t exactly equal happier life experiences or a more positive well being. Professor Angus Deaton of Princeton University co-authored the study and discusses the details.

Comments [3]

DanteFromTheBronx from Bronx, NY

I very much agree with this statement. I made a nice jump in base pay from $47k to $85K and It made my life a lot easier and enjoyable. I was indeed happy. I am now making $113k and I have to say I was definitely happier at $85. I had more time for friend, family, and the basis life enjoyments.

Sep. 07 2010 11:01 AM
BetsyLAngert from Florida

From birth to the ripe old age of near nine, I was very wealthy, and yet, not very happy. Later, after having been extremely poor and ecstatic, I became well off again. The two experiences of being with and without ample money were as dissimilar as can be. Bliss, I learned, is not a by-product of affluence. Who is family, the ethics within a household, the means to acquire money, care and compassion, given and received, provide happiness. Greenbacks do not govern feelings. I share the story in a short treatise. <a target=new href=http://bethink.org/diary/1247/how-much-money-is-too-much>How Much Money is Too Much?</a>

Sep. 07 2010 02:30 AM
Ling

When you are either forced to or accidentally leak out where you live, the experiences you have had, or even mentioning cable shows. People see/treat you different from the start if you seem to have an economical benefit.

Sep. 06 2010 10:15 PM

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