One study shows you can put a price on happiness - $81,000

HOW much money do you need to buy happiness?

According to one study, $81,000.

Two Princeton University researches went on a quest to discover if money could buy happiness, by evaluating people's day-to-day happiness and their overall satisfaction with life.

Those with lower incomes reported more emotional misery and low life evaluation, but the pair found the happiness tipping point sat at $US75K.

Taking into account conversion rates at the time of the study, this would equate to $81,000 Australian.

"Beyond $75,000 (US)…higher income is neither the road to experience happiness nor the road to relief of unhappiness or stress," Mr Kahneman and Mr Deaton wrote in the report.

STUDY: https://www.princeton.edu/~deaton/downloads/deaton_kahneman_high_income_improves_evaluation_August2010.pdf

 


10 things to do this weekend

10 things to do this weekend

What's on in Ipswich

Centrelink goes after Aussies with welfare debts

Centrelink goes after Aussies with welfare debts

“For those who refuse to take action, interest charges are only the beginning."

Inside alleged dog fighting ring

Inside alleged dog fighting ring

“It’s the first major breakthrough in Australia in about 10 years.”

Local Partners