Having money helps, to a point
The Seattle Times: Nation & World: Having money helps, to a point
Daniel Kahneman, a Nobel Prize winner and Princeton economist, and colleagues recently declared that the notion that making a lot of money will produce good overall mood is “mostly illusory.”They noted that in one study, people with household incomes of $90,000 or more were only slightly more likely to call themselves “very happy” overall than were people from households making $50,000 to $89,999. The rates were 43 percent versus 42 percent, respectively.
Definitely interesting to think about this article. What role does money play in your happiness? Sure it does not cure issues, but it can do other things. I suspect if they accounted for other issues, such as marital state, family relationships etc. they could have explained more of the difference. That’s why we all need balance.
