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I think studies have shown that past a relatively low (by SV standards) level of income ($75kish I think) the relationship between money and happiness breaks do
by JimboOmega 11y ago
I think studies have shown that past a relatively low (by SV standards) level of income ($75kish I think) the relationship between money and happiness breaks down.
The argument can definitely be made that the happiness difference between "comfortable and independent" and "Zuckerberg" is not all that great.
- jkyle 11y ago> I think studies have shown that past a relatively low (by SV standards) level of income ($75kish I think) the relationship between money and happiness breaks down. This is true. But while that is low by SV standards, the $75k threshold from the study is targeted to "median america" cost of living. If you adjust for cost of living and for purchasing power over the 6 years since the study was conducted, you end up with quite a bit more for areas like San Francisco. In fact, you'd probably be looking at more like 175-185k. [1] 1. http://www.advisorperspectives.com/dshort/commentaries/Happiness-Benchmark.php#ixzz37eM5xPxF http://www.advisorperspectives.com/dshort/commentaries/Happi...
- monsieurbanana 11y agoThat's not intuitive for me. I personally think my threshold would rather be "comfortable and independent without having to work". Not that I don't want to work anymore, but being able to leave my programming job and becoming a dog breeder would make a lot of difference. And take month longs vacations to travel whenever I wanted.