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There's a salary that can almost guarantee your happiness and it's not as high

There's a salary that can almost guarantee your happiness — ...
topaz insanely creepy principal's office mental disorder
  02/22/18
Science writers are such retards. Let's be clear. 1. T...
abusive hideous base
  02/22/18
"money doesn't matter beyond a certain point!" ...
haunting theatre
  02/22/18
...
Razzle-dazzle gas station weed whacker
  02/22/18
also $75,000 is still top 14% and $60,000 is still top 21%
haunting theatre
  02/22/18
it's pretty accurate anything lower than that and you'll st...
boyish parlor
  02/22/18
are you sure? if anything the "beyond a certain point ...
haunting theatre
  02/22/18
...
Razzle-dazzle gas station weed whacker
  02/22/18
lol no you would not you'd just have to cut down on stupid ...
boyish parlor
  02/22/18
...
topaz insanely creepy principal's office mental disorder
  02/22/18
These studies are so fucking dumb.
thriller flesh meetinghouse gay wizard
  02/22/18
just do $100K, bro. why stress, America? done. problem solv...
aqua marketing idea corner
  02/22/18
...
Razzle-dazzle gas station weed whacker
  02/22/18
one weird trick
aqua marketing idea corner
  02/22/18
So now we have a baseline for UBI
bronze wonderful library
  02/22/18
Change 95K salary to 95K sinecure and it makes sense.
coral deep indian lodge party of the first part
  02/22/18
so 95K for West Virginia? that means 180K in NYC.
Misanthropic razzle masturbator
  02/22/18
So we looked at the data... Notice how the article doesn'...
thriller flesh meetinghouse gay wizard
  02/22/18


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Date: February 22nd, 2018 3:28 PM
Author: topaz insanely creepy principal's office mental disorder

There's a salary that can almost guarantee your happiness — and it's not as high as you may think

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Turns out, money can make you happier — but only up to a certain point. CBS Television

A new study found that there is a specific salary linked to happiness.

The optimal salary for an individual to be most fulfilled in the long run is $95,000.

But you don't want to make too much money.

Some evidence indicates that making much more than that amount can actually make you less happy.

It's an age-old question: Can money buy happiness? A new study found that it might — or, at the very least, get you close to it.

According to a study by psychologists at Purdue University and the University of Virginia, a single person should earn $95,000 a year for optimal life satisfaction.

The researchers looked at 12 years worth of data from the Gallup World Poll, a sample of more than 1.7 million adults from 164 countries. Their goal was to identify points of what they call "income satiation" — or a certain point at which more money does not bring more happiness. The researchers said their findings apply to individuals, and that the ideal income would likely be higher for families or households.

Although $95,000 seems to be the key to overall life satisfaction, your emotional health might be just fine with less money. The study differentiates between "life evaluation," which has to do with long-term goals and social comparisons, and "emotional well-being," which is the emotional quality of your day-to-day life. The price of emotional well-being is a bit cheaper than life evaluation: between $60,000 and $75,000 a year, according to the study.

More money could lead to more problems.

Unfortunately, once you start making more than $95,000, you could actually start becoming less happy than your lower-income peers.

"I think there are many explanations or factors that could be behind it," Andrew T. Jebb, the lead author of the study and a doctoral student at in the Department of Psychological Sciences at Purdue University, told INSIDER. "First, higher income is usually associated with greater time demands, responsibility demands, mental demands. It's not the higher incomes themselves but the costs of them. It is possible that these factors cause one to rate satisfaction with life to be a bit lower. I.e. 'I like my life but wish I could spend more time with family.'"

shutterstock_167757545

"Keeping up with the Joneses" may bring added stress to those with higher incomes.Shutterstock

This association between more wealth and an apparent dwindling in happiness could also be explained by the fact that more wealth can also bring higher material aspirations and social comparisons, according to the study, which was published in the journal Nature Human Behavior in January 2018.

"We might speculate that greater levels of income come with additional burdens of 'keeping up' with a certain lifestyle or metaphorically 'the Joneses' that someone who has moderate levels of income does not need to worry as much about," Louis Tay, the senior author of the study and an assistant professor at Purdue, told INSIDER.

The psychologists also analyzed how gender comes into play.

Because the relationship between income and happiness is stronger in men, and because male gender norms in particular stress achievement and social status, the researchers guessed that it might take a higher income for men than women to achieve the same level of satisfaction in their lives.

They found, however, that the average optimal income for women was $100,000 while for men it was $90,000.

Jebb said he didn't read too much into this disparity.

"These were rounded to the nearest $5,000 increment, and given that men exhibit a higher optimal point for positive effect, I think that a simpler explanation is that it's a combination of rounding and sampling error than anything theoretical," he said.

The connection between money and happiness can be seen around the world.

For Jebb, the most fascinating part of the study was seeing the same general trends around the world.

Although the amount of money needed to reach optimal "life evaluation" varied — ranging from $35,000 in Latin America to $125,000 in Australia and New Zealand— the trend of more money equaling more happiness only until a certain point seemed to ring true around the world.

"It's difficult to establish features of human psychology that are worldwide," Jebb said. "This is because it's hard to get the proper data and some things are genuinely culture-specific. But I think there is a strong human nature — even if it gets expressed differently across cultures (the underlying structures are the same). It's always nice to see when that happens (e.g., basic emotions, universal principles of language learning), and this is another case of this. I think it expresses both the importance and also limits of material security and abundance no matter where you live."

(http://www.autoadmit.com/thread.php?thread_id=3900702&forum_id=2#35462459)



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Date: February 22nd, 2018 3:36 PM
Author: abusive hideous base

Science writers are such retards.

Let's be clear.

1. That $95,000 is an overall INTERNATIONAL figure for INDIVIDUALS, NOT FAMILIES.

2. The figure for INDIVIDUALS in North America is $105,000.

3. Future you needs money, too. In order to have $105,000 per year in the future, you sure as fuck better be earning more than $105,000 now.

(http://www.autoadmit.com/thread.php?thread_id=3900702&forum_id=2#35462527)



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Date: February 22nd, 2018 3:30 PM
Author: haunting theatre

"money doesn't matter beyond a certain point!"

*quotes threshold which is higher than what 91% of Americans make*

i mean i'm a little skeptical of the underlying study to begin with but jfc

(check your income -> percentile conversions here: http://graphics.wsj.com/what-percent/)

(http://www.autoadmit.com/thread.php?thread_id=3900702&forum_id=2#35462474)



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Date: February 22nd, 2018 3:32 PM
Author: Razzle-dazzle gas station weed whacker



(http://www.autoadmit.com/thread.php?thread_id=3900702&forum_id=2#35462487)



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Date: February 22nd, 2018 3:32 PM
Author: haunting theatre

also $75,000 is still top 14% and $60,000 is still top 21%

(http://www.autoadmit.com/thread.php?thread_id=3900702&forum_id=2#35462488)



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Date: February 22nd, 2018 3:32 PM
Author: boyish parlor

it's pretty accurate

anything lower than that and you'll still be worried about money to some degree, particularly if you have kids

anything higher than that provides some but diminishing returns.

(http://www.autoadmit.com/thread.php?thread_id=3900702&forum_id=2#35462489)



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Date: February 22nd, 2018 3:37 PM
Author: haunting theatre

are you sure? if anything the "beyond a certain point it doesn't matter" part may be flawed.

http://www.nber.org/papers/w14282

not that "you need to make more money than 91% of people to avoid unhappiness from money problems" is all that encouraging to begin with to genuinely poor people



(http://www.autoadmit.com/thread.php?thread_id=3900702&forum_id=2#35462542)



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Date: February 22nd, 2018 3:31 PM
Author: Razzle-dazzle gas station weed whacker



(http://www.autoadmit.com/thread.php?thread_id=3900702&forum_id=2#35462481)



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Date: February 22nd, 2018 3:33 PM
Author: boyish parlor

lol no you would not

you'd just have to cut down on stupid expenses and maybe not live in SF/LA/NYC

(http://www.autoadmit.com/thread.php?thread_id=3900702&forum_id=2#35462497)



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Date: February 22nd, 2018 3:36 PM
Author: topaz insanely creepy principal's office mental disorder



(http://www.autoadmit.com/thread.php?thread_id=3900702&forum_id=2#35462535)



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Date: February 22nd, 2018 3:33 PM
Author: thriller flesh meetinghouse gay wizard

These studies are so fucking dumb.

(http://www.autoadmit.com/thread.php?thread_id=3900702&forum_id=2#35462495)



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Date: February 22nd, 2018 3:33 PM
Author: aqua marketing idea corner

just do $100K, bro.

why stress, America? done. problem solved. kick back.

(http://www.autoadmit.com/thread.php?thread_id=3900702&forum_id=2#35462499)



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Date: February 22nd, 2018 3:34 PM
Author: Razzle-dazzle gas station weed whacker



(http://www.autoadmit.com/thread.php?thread_id=3900702&forum_id=2#35462504)



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Date: February 22nd, 2018 3:35 PM
Author: aqua marketing idea corner

one weird trick

(http://www.autoadmit.com/thread.php?thread_id=3900702&forum_id=2#35462517)



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Date: February 22nd, 2018 3:33 PM
Author: bronze wonderful library

So now we have a baseline for UBI

(http://www.autoadmit.com/thread.php?thread_id=3900702&forum_id=2#35462503)



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Date: February 22nd, 2018 3:34 PM
Author: coral deep indian lodge party of the first part

Change 95K salary to 95K sinecure and it makes sense.

(http://www.autoadmit.com/thread.php?thread_id=3900702&forum_id=2#35462507)



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Date: February 22nd, 2018 3:34 PM
Author: Misanthropic razzle masturbator

so 95K for West Virginia?

that means 180K in NYC.

(http://www.autoadmit.com/thread.php?thread_id=3900702&forum_id=2#35462515)



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Date: February 22nd, 2018 3:40 PM
Author: thriller flesh meetinghouse gay wizard

So we looked at the data...

Notice how the article doesn't even attempt to explain how any amount of money brings happiness or even defines happiness or points to examples of it existing in reality

(http://www.autoadmit.com/thread.php?thread_id=3900702&forum_id=2#35462577)