The bull’s eye? $75,000 a year. That’s for everyday happiness though, not overall, year-over-year satisfaction (which continues to increase with your income, according to the study).
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Ever wonder how much money you’d have to make to feel content? Or think you’d be happier if you could just make a few thousand dollars more each year?
As people earn more money, their day-to-day happiness rises. Until you hit $75,000. After that, it is just more stuff, with no gain in happiness.
That doesn’t mean wealthy and ultrawealthy are equally happy. More money does boost people’s life assessment, all the way up the income ladder. People who earned $160,000 a year, for instance, reported more overall satisfaction than people earning $120,000, and so on.
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