LogFAQs > #980396058

UnsteadyOwl posted...

I've seen a study before testing the old saying that money doesn't buy happiness which found that it sort of is and isn't true. There are unhappy rich people, but most people's level of happiness in life does go up as their income goes up. So it's probably better to say money doesn't guarantee happiness, but it does go a long way toward making you happier.

The research that Ive come across in the past suggested that yes, people with higher levels of income are happier, but only up to a certain threshold and its lower than people expect it to be.

Obviously these figures wont necessarily be correct today, but it as something like once you got over about 70k per year it stopped making any difference to happiness.