cheryl
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Money buys even more happiness than it used to - Big Think
Don't listen to the old adage.
Many factors determine happiness, but one has stirred considerable controversy over the years: money.
While the old adage says that money can't buy happiness, several studies have determined that the more your income increases, the happier you are, up until US$75,000 a year. After hitting that threshold, more income doesn't make a difference.
But in a new analysis of more than 40,000 U.S. adults aged 30 and over, my colleague and I found an even deeper relationship between money and happiness.
Don't listen to the old adage.
Many factors determine happiness, but one has stirred considerable controversy over the years: money.
While the old adage says that money can't buy happiness, several studies have determined that the more your income increases, the happier you are, up until US$75,000 a year. After hitting that threshold, more income doesn't make a difference.
But in a new analysis of more than 40,000 U.S. adults aged 30 and over, my colleague and I found an even deeper relationship between money and happiness.