MYTH: Money Can't Buy Happiness
Автор: Illustrated Finance & Economics
Загружено: 2023-07-30
Просмотров: 2932
Описание:
Myth: Money can't buy happiness.
Here's the truth:
People with lower incomes experience higher levels of stress and lower life satisfaction due to struggling to meet basic needs.
So, it does buy happiness?
Well,
yes,
but to a point,
A study in 2010 revealed that emotional well-being doesn't increase significantly beyond an annual income of $75,000 in the US.
This means that money does indeed make us happier, but after reaching an annual income of $75,000, any additional income won't make you happier.
Since that study was done in 2010, the number is closer to $104,000 when adjusting for inflation today.
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