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I'd be interested in your thoughts on this

September 7th, 2010 at 06:00 pm

Apparently $75,000 a year is the key to happiness.

http://blogs.wsj.com/wealth/2010/09/07/the-perfect-salary-fo...

9 Responses to “I'd be interested in your thoughts on this”

  1. nmboone Says:

    It would be the key to my happiness for sure!

  2. M E 2 Says:



    I could/would be VERY happy on 75k a year. Smile

  3. ThriftoRama Says:

    Okay, so far we have 100 percent yes votes!

  4. Single Guy Says:

    I've been around that salary for 5 years now, and if you don't get greedy it can certainly be more than enough. Biggest question for me is how much of that amount can you put into 401k/IRA/pension accounts and still be happy. I'm putting around $25K yearly into all 3 of the above, and once you do that you don't feel so rich. If you could have a $75k salary and not have to save for retirement, yeah you should be able to live quite well.

  5. swimgirl Says:

    Nope.

    I live in a super high cost area. If I could live somewhere else and make that salary, perhaps it would work. But there is no way we could survive on that here. No way. I've tried. We save a significant amount, but we make lots more than that. And feel like we're scraping by.

  6. baselle Says:

    I know I can get a beach wedding dress for waaaayyy less than 75K. Qin Yu be damned. Big Grin
    Seriously, money or the lack of money is a magnifier. If you don't think that you have enough, your misery is magnified...and I don't anybody thinks that they make too much. I don't know what that 75K point is - an inflection where obvious unhappiness is negated perhaps. But 75K the gateway to happiness? I don't "buy" it.

  7. whitestripe Says:

    I think it's definately relative to where you live (like the article suggests). And is this personal income, or dual? It didn't really specify...Because DF and I are on about 80k a year combined and I wouldn't say that's our 'money happiness' level. (If it were, I wouldn't be about to start uni so I could earn more now, would I?) But $150k would be nice...Big Grin
    I think money and happiness are definately linked, but it's not the be all and end all. It's true that money doesn't buy happiness. though it does make it easier...

  8. PatientSaver Says:

    I've seen that article and study results similar to that one that say beyond a certain income level which can meet all your needs, more money doesn't equate to more happiness.

    I think it's generally true.

  9. MonkeyMama Says:

    My first thought is that it is all relative.

    I think the difference between supporting a family on $60k versus $80k, has been profound. So maybe there is something to the $75k figure. But obviously, this isn't enough if you live in a really high cost place. Others know people much less well off and will roll their eyes at $75k not being enough. (I fall squarely in the middle - come from poor roots, but living in an insane high cost area for most of my life - I know making more doesn't necessarily mean much. Of course, I have said many times, our net is the same as a lot of our six-figured friends with daycare costs and bigger tax bills that come with higher incomes. So my $80k is often equivalent to a dual income of $120k. When you think about it that way, these studies are useless.).

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