More Money
01/05/2024 |
The Friday File: Previously it was believed that having more money made you happier, up to about $75,000/year. Recent research has overturned that thinking. Research now shows that if you are an unhappy person, happiness increases with income till about $100,000/year, not surprising given inflation. For those who are generally happy, happiness rises linearly with income. And for those who are very happy, happiness rises exponentially with income.