Money buys even more happiness than it used to

(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.)

Jean Twenge, San Diego State University

(THE CONVERSATION) 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 US$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 […]

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