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Happiness: Yours for £50k a year * The Register

US researchers have found that happiness can be yours for an income of $75k a year (or £48,814.44 as of this morning), although trousering more than that won't necessarily increase your joie de vivre.

Professor Angus Deaton, an economist at the Center for Health and Wellbeing at Princeton University, and Nobel Prize winning psychologist Professor Daniel Kahneman looked at surveys of 450,000 Americans carried out in 2008 and 2009 for the Gallup-Healthways Well-Being Index, which quizzed respondents on their day-to-day happiness and overall life satisfaction.

They found that people's happiness increased steadily as income rose to $75,000, but then levelled out. Their sense of success or well-being did, though, continue to rise beyond that figure.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Sep 7th, 2010 at 03:43:39 PM EST
[ Parent ]
$75,000 is twice the average US wage and resulting in (WAG) $1,000/month discretionary income.  Can we take that wage rate as the level where "money is taken off the table" and, therefore, the wage rate where creativity can flower?
by ATinNM on Wed Sep 8th, 2010 at 10:17:25 AM EST
[ Parent ]

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