Opinion: Rising inequality means an old rule about money and happiness no longer is true

Opinion: Rising inequality means an old rule about money and happiness no longer is true

Everett Collection Many factors determine happiness , but one has stirred considerable controversy over the years: money.

While the old adage says that money can’t buy happiness, several studies have determined that the more your income increases, the happier you are, up until $75,000 a year . After hitting that threshold, more income doesn’t make a difference.

But in a new analysis of more than 40,000 U.S. adults aged 30 and over, my colleague and I found an even deeper relationship between money and happiness.Because the survey data spanned five decades, from 1972 to 2016, we were also able to see […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.