The Exact Amount Of Money You Need To Be Truly Happy
They say money can't buy happiness, but a recent survey has indicated how much money you need to be truly happy.
Psychology researchers at
In order to achieve total emotional wellbeing, the magic figure you'll need to be earning is $AU120,000 a year.
Andrew T. Jebb - who led the study - indicates that the figure will likely be higher for those providing for a family.
Surprisingly, the study found that happiness begins to decrease for amount earning over $120K. Why? Because the more you earn, the more you crave material items to
"The small decline puts one's level of well-being closer to individuals who make slightly lower incomes, perhaps due to the costs that come with the highest incomes. These findings speak to a broader issue of money and happiness across cultures. Money is only a part of what really makes us happy, and we're learning more about the limits of money."