3 ms·
> once you're in a certain income level, it doesn't matter how much more you make... until you hit that next income level. Studies [0] have shown that, in esse
by lotharbot 15y ago
> once you're in a certain income level, it doesn't matter how much more you make... until you hit that next income level.
Studies [0] have shown that, in essence, money and happiness correlate up to about $75k/year for a U.S. family of four. Above that level, money might open up options, but it doesn't seem to increase happiness as a whole. As others have noted, you can have a lot of financial freedom well below the million dollar mark, or be financially burdened above it.
It should come as no surprise that some people have come to that realization, and decided to simply meet the threshold, life a financially stable lifestyle at that level, and invest the rest of their energy in enjoying life.
[0] http://www.inc.com/news/articles/2010/09/study-says-$75,000-can-buy-happiness.html http://www.inc.com/news/articles/2010/09/study-says-$75,000-... describes one such study