Apparently $75,000 a year is the key to happiness.
I'd be interested in your thoughts on this
September 8th, 2010 at 02:00 am
September 8th, 2010 at 02:24 am 1283909050
September 8th, 2010 at 02:31 am 1283909508
I could/would be VERY happy on 75k a year.
September 8th, 2010 at 02:36 am 1283909802
September 8th, 2010 at 02:44 am 1283910272
September 8th, 2010 at 05:54 am 1283921680
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.
September 8th, 2010 at 06:44 am 1283924662
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.
September 8th, 2010 at 10:08 am 1283936910
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...
September 8th, 2010 at 01:19 pm 1283948387
I think it's generally true.
September 9th, 2010 at 03:38 am 1283999908
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.).