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It's not so much that money buys happiness, than lack of money that makes you miserable. When you have enough (60000$/year apparently), having more doesn't enha
by wazoox 16y ago
It's not so much that money buys happiness, than lack of money that makes you miserable. When you have enough (60000$/year apparently), having more doesn't enhance your happiness. See this interesting TED talk:
http://www.ted.com/talks/daniel_kahneman_the_riddle_of_experience_vs_memory.html http://www.ted.com/talks/daniel_kahneman_the_riddle_of_exper...
- liedra 16y agoThis completely gels with my experience. I like having enough money to live on comfortably: have a place that's just big enough, have money to eat out (not too expensively) when I feel like it, have enough to do something special occasionally, have enough to buy the sorts of foods I like (slightly more expensive locally produced foods, I'm a big fan of local production), have enough to buy some gadget or other if I save up for a bit. For me it's partly the saving up and appreciation of the expensive things that gives me happiness :) I make about 55k a year, and it's enough for me. Any more and I'd stop appreciating what now takes a bit of time to save up for. :) (though I wouldn't say no to a one off cash injection for a really nice sporty weekender car ;)
- bryanlarsen 16y agoNo, that's the part that's been debunked. Look at the graph in my link: the biggest jump in happiness is from 75-100K to 100K+. The correlation isn't high: there are lots of unhappy rich people, and lots of happy poor people, but the correlation is statistically significant.