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Monday, 14 January 2013 00:00

This Amount of Income Linked to Happiness

happy-young-woman-with-yenMany happiness studies have tried to determine the financial price of happiness. Some studies look at wealth (savings while other happiness studies look at income.

One well-publicized happiness study in 2011 put the optimal income for happiness at around $75,000. According to the study rising income, it turns out, produces greater happiness until you get to around $75,000. After that, there are diminishing returns, with more income leading to little or no gain in real happiness.

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