, drew on 1.7 million experience-sampling reports from 33,000-plus employed US adults using the iPhone app Track Your Happiness. Developed by former software product manager and Wharton fellow Matthew Killingsworth, the app analyzes the relationship between income and happiness by randomly asking users to log their activities and feelings.
The study revealed that the turning point for financial happiness is an income of $85,000. Those earning less than that are less happy on average than the overall average happiness, while those earning over $85,000 are happier. The study measured happiness in two ways: evaluative, looking at life satisfaction, and experienced, looking at feelings. Happiness increased pretty steadily as income increased in both cases, but significantly more so for life satisfaction than for feelings.
TLDR; In the US in 2010, you needed $75,000 to be happy($90,000 adjusted for inflation). A new study finds that $85,000 is the turning point.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside the meteoric rise of Jon Gray at private-equity giant Blackstone - Business InsiderJon Gray is the future of Blackstone. 50 insiders reveal how the superinvestor consolidated power, elbowed out rivals, and is remaking the firm in his golden-boy image. horrible Check out this, gonna be the next dogecoin
Source: BusinessInsider - 🏆 729. / 51 Read more »
How a quest to build ethical AI detonated a battle inside Google - Business InsiderGoogle employees consider jumping ship for Facebook and Microsoft after firings, reorgs and mounting tension in its AI division Google/YouTube are crooks. They stole my 9/11 video. They disrespect 9 /11 survivors. 911TribMuseum techinsider not sure they're going to be satisfied with the state of ethical AI at FB techinsider Jumping ship? That is really funny. They must be reading the stuff I write? And it is also the reason why sundar is in charge - gummy and slopey made a huge devious mess then jumped ship.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside the ultra-premium aircraft Singapore Airlines is using for world's longest flight - Business InsiderThe new world's longest flight is getting an upgrade as Singapore Airlines builds back up in the US — see inside the luxurious plane
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside Exxon Mobil's 'God Pod' - Business InsiderBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »