“If I have lots of money, I will be happy”
Money can buy a lot of things, but after your basic needs are taken care of, the upgrades that come with an increase in income really don’t make that much of a difference.
A famous Princeton study in 2010 found that emotional well-being did not increase for people making over $75,000. In 2021, a study published in the Proceedings of the National Academy of Sciences found that this number had ticked upward to $85,000. But the point is the same: earning anything over that amount apparently has very little effect on your happiness quotient.
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