Money can buy happiness — but only up to $75,000
They say money can’t buy happiness. They’re wrong.
At least up to a point.
People’s emotional well-being — happiness — increases along with their income up to about $75,000, researchers report in Tuesday’s edition of Proceedings of the National Academy of Sciences.
For folks making less than that, said Angus Deaton, an economist at the Center for Health and Wellbeing at Princeton University, “Stuff is so in your face it’s hard to be happy. It interferes with your enjoyment.”