3 ms·
I really wish this would stop getting spread as much as it is without any qualification to it. > Studies show that happiness increases proportional to salary u
by dsacco 9y ago
I really wish this would stop getting spread as much as it is without any qualification to it.
> Studies show that happiness increases proportional to salary up to USD$70,000.
One study shows this, and it's this one[1].
The study was conducted using polled responses, and discriminates between "happiness" and "lifetime satisfaction."
In particular, the study has the following conclusions:
1. money and happiness are positively correlated up to $75,000, but are then uncorrelated,
2. money is positively correlated with lifetime satisfaction, without any particular point at which the correlation ceases, and
3. more money is not positively correlated with less happiness at any point.
In other words, what you said is not at all supported by the original literature. Despite the way in which this study is usually used to support an argument, more money is probably better than less money at any arbitrary amount for overall contentment, given that "lifetime satisfaction" increases arbitrarily and "happiness" (which I interpret as "good mood") doesn't decrease.
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1. https://www.princeton.edu/~deaton/downloads/deaton_kahneman_high_income_improves_evaluation_August2010.pdf https://www.princeton.edu/~deaton/downloads/deaton_kahneman_...
- ryandrake 9y agoAlso, $70,000 is meaningless unless you specify your location. There are places in the world where you can live like absolute royalty on $70k/year. There are places where $70K will get you an extremely comfortable life with no need to budget. There are places where $70K is solidly working/middle class. And there are places where $70K qualifies you as low income.