I have an unexpected fascination with money and happiness. Unexpected because I didn’t realize how far my quest to learn about the subject would take me. I’ve written about it before here, here, and here.
A recent Bucks Blog article by Carl Richards resumes my fascination with money and if/how it impacts our overall happiness.
Mr. Richards cites a recent study by Princeton University quoted in Time magazine.
According to the study,
people reported an increase in happiness as their incomes rose to $75,000 a year. Then, the impact of rising income on happiness levels off.
What’s odd about this statement is that it pegs happiness at a specific number—75K per year.… Read the rest