Can money make you happy? - Macleans.ca

Can money make you happy?

Up to $75,000 can improve emotional well-being, study shows

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Receiving up to $75,000 per year can help take away the stress of life, US researchers are reporting, noting that less money is associated with emotional pain. In a survey of 1,000 Americans, they found that people were overal fairly happy, and that more money could create greater feelings of satisfaction up to a certain point, Reuters reports. Beyond $75,000, further increases fail to improve individuals’ ability to improve their emotional well-being, like having more leisure time, and time for friends and family. The survey was done by telephone, and people were polled with 450 questions on topics like income, satisfaction, emotions and stress.

Reuters

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