Money cannot buy happiness!
2018-01-07
“Money cannot buy you happiness, but the lack of it can certainly make you progressively miserable.” So starts an article in the Huffington Post concerning research by the Nobel Prize in Economic winner Daniel Kahneman. I happen to agree with this. In my experience, there is a level of income, depending on your age, location and responsibilities, below which life becomes a struggle, where insecurity and worry become issues. Above that threshold, happiness is up to you.
The critical threshold? In the US it appears to be about $80,000 per year. Statistically, the further below this threshold someone earns, the more miserable they get.
- - - Do you buy this?