Contact Us

What Is The Perfect Income For Happiness?

Money
Oli Scarff, Getty Images

More than one study has tried to determine the financial price of happiness. Some look at wealth, while others look at income.

One well-publicized study last year put the optimal income for happiness at around $75,000. Rising income, it turns out, produces greater happiness until you get to around $75,000.

After that, there are diminishing returns, with more income leading to little or no gain in real happiness. I don’t know about you, but I would like to find out for myself.

“Happiness” itself is not easily defined, and money doesn’t always guarantee it. And the financial requirements for happiness usually depend on geography, peer groups and other external factors.

But, the latest study on this whole issue, really astonished me. It was found that the global average “happiness income” is around $161,000. Wow! But the study says you can make less than that and be more happier. The point is, making more than that will most likely make you no more happy.

And what about wealth itself? The study didn’t show how much money was needed to be happy. But it did show how much was needed to feel wealthy.

Globally, the average amount needed to feel wealthy was $1.8 million. Americans specifically said a million or so.

I am currently working on my second million. I have given up on the first one.

 

More Local News

Latest Country Music News

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://kxrb.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on 1000 KXRB - Classic Country quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here.

Sign up for an account to comment, share your thoughts, and earn points to get great prizes.

Register on 1000 KXRB - Classic Country quickly by logging in with your Facebook account. It's just as secure, and no password to remember!