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STUDY FINDS: Money Does Buy Happiness For Most People

money buys happiness

 

Do you think this is true? 👀

 

 

According to a recent study published in the Proceedings of the National Academy of Sciences on March 1, for most people, money can indeed buy happiness  💸

 

In 2010, Kahneman and Angus Deaton found that happiness increased steadily with income up to a certain point, beyond which it plateaued. They concluded that emotional well-being tended to increase until people earned between $60,000 and $90,000, after which it remained stagnant. Their research was based on a daily Gallup survey of 1,000 Americans from 2008 to 2009 💰

 

The Exact Amount of Money it Takes to Make a Person Happy Just Got an  Update | Inc.com

 

In contrast, Killingsworth’s 2021 paper found that happiness consistently increased with income, with no plateau. His results were based on happiness ratings collected from over 33,000 Americans via a smartphone app, contradicting Kahneman’s research.

 

 

And as the great Ariana Grande once said, “Whoever said money can’t solve your problems, must not have had enough money to solve them.”