We all know that money can´t buy us love. Well, at least not the real kind. But can an abundance of money make us happier?
A Princeton University study provides some scientifically backed answers to that question. Princeton´s researchers analyzed 450,000 responses to the Gallup-Healthways Well-Being Index and found that people with an annual household income of $75,000 (maybe surprisingly even in the most expensive cities in the country) are about as happy as anyone can get.
People with annual household incomes below $75,000 had lower levels of emotional wellbeing. But, those with annual household incomes above $75,000 did not show higher levels of emotional wellbeing. In other words, according to the researchers, having an annual household income of $75,000 is as good as it gets – money can buy happiness, but only up to about $75,000 a year.
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