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Thread: Happiness Peaks at $75,000

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    Happiness Peaks at $75,000

    The Exact Income You Need To Be Happy Is... - $75K, assuming you've also got friends

    How much money is enough money? Exactly $75,000, according to a new study. Economist Angus Deaton and Nobel prize-winning psychologist Daniel Kahneman looked at data from the Gallup-Healthways Well-Being Index, and found that people reported becoming happier as their household income increased—until it hit $75,000. After that, their daily emotional well-being flat-lined. “Your emotional well-being is as good as it's going to get at $75,000,” Deaton tells Gallup's Management Journal. “It’s like you hit some sort of ceiling.”
    Thoughts?
    (avatar by Thomas Nast)

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    Re: Happiness Peaks at $75,000

    Interesting. I guess it makes sense, though. $75,000 income with bennies will buy a family a house, couple cars, take a nice vacation, and allow them to live rather well while still saving some money for kids' college, whatever.

    Trouble is...people haven't learned to live at their means or below. So they're always needing "more."
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    Re: Happiness Peaks at $75,000

    Mate, Happiness is always $9 away.


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    Re: Happiness Peaks at $75,000

    I go against the flow, I guess - I don't need people to feel happy.

    And my husband's pay nudges that 75K mark - But that seems to have the opposite effect on me - I'm a bit envious of his success.
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    Re: Happiness Peaks at $75,000

    Quote Originally Posted by Jetboogieman View Post
    Mate, Happiness is always $9 away.

    Holy crap - $9.00 for a meal at Arby's? Wow. . .
    A screaming comes across the sky.
    It has happened before, but there is nothing to compare it to now.
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    Re: Happiness Peaks at $75,000

    while i don't equate salary with happiness, a $75k salary would solve some problems.

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    Re: Happiness Peaks at $75,000

    Is this before or after taxes?

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    Re: Happiness Peaks at $75,000

    Quote Originally Posted by 1Perry View Post
    Is this before or after taxes?
    Probably after, I'd assume.
    Nobody who wins a war indulges in a bifurcated definition of victory. War is a political act; victory and defeat have meaning only in political terms. A country incapable of achieving its political objectives at an acceptable cost is losing the war, regardless of battlefield events.

    Bifurcating victory (e.g. winning militarily, losing politically) is a useful salve for defeated armies. The "stab in the back" narrative helped take the sting out of failure for German generals after WWI and their American counterparts after Vietnam.

    All the same, it's nonsense. To paraphrase Vince Lombardi, show me a political loser, and I'll show you a loser.
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    Re: Happiness Peaks at $75,000

    This is old data, I've heard the 75,000 figure before. Wonder why it's breaking news now?
    Nobody who wins a war indulges in a bifurcated definition of victory. War is a political act; victory and defeat have meaning only in political terms. A country incapable of achieving its political objectives at an acceptable cost is losing the war, regardless of battlefield events.

    Bifurcating victory (e.g. winning militarily, losing politically) is a useful salve for defeated armies. The "stab in the back" narrative helped take the sting out of failure for German generals after WWI and their American counterparts after Vietnam.

    All the same, it's nonsense. To paraphrase Vince Lombardi, show me a political loser, and I'll show you a loser.
    - Colonel Paul Yingling

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    Re: Happiness Peaks at $75,000

    You can read more about this study here....Happiness is Love -- and $75,000

    I am not buying the conclusion at all.
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