policy

Experienced well-being rises with income, even above $75,000 per year

Turns out that money does buy happiness. You may have heard that people’s average happiness stops improving once you make more than $75,000/year? Researchers did a better survey with more data and found that that was not the case. The researchers cited 5 methodological improvements over the old research that suggested that it didn’t matter after $75,000: They measured people’s happiness in real time, instead of having people try to remember past happiness levels.
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