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Happiness is earning $60,000/year

mymoneyblog.com

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Re: Happiness is earning $60,000/year

#3
If you make too little money, all you think about is money. If you make too much money, all you think about it money.

I'd have to agree with this article. Personally, I think much of happiness comes from finding the middle ground where you don't don't have to think about money.

Re: Happiness is earning $60,000/year

#4
post #3

If you make too little money, all you think about is money. If you make too much money, all you think about it money. I'd have to agree with this article. Personally, I think much of happiness comes from finding the middle ground where you don't don't have to think about money.

yes there has been that "Carrot and Stick" TED talk posted here twice in the last 2 weeks; that basically helped me understand that if you can...

"Take money off the table, pay people enough to not have to think about money" ~ thats when they will perform best.

Re: Happiness is earning $60,000/year

#7
post #4
post #3

If you make too little money, all you think about is money. If you make too much money, all you think about it money. I'd have to agree with this article. Personally, I think much of happiness comes from finding the middle ground where you don't don't have to think about money.

yes there has been that "Carrot and Stick" TED talk posted here twice in the last 2 weeks; that basically helped me understand that if you can... "Take money off the table, pay people enough to not have to think about money" ~ thats when they will perform best.

Ah, having just enough money to not think about money sounds about right :)

I like this blog post that says that money can buy you happiness... if you spend it right (like being with the right people like another poster suggests, or spending it on "positive experiences" like this suggests):

http://www.psychologytoday.com/blog/ulterior-motives/201005/...

Re: Happiness is earning $60,000/year

#8
I suspect this is a case of using a metric (money) to explain a complex fact (what makes us happy).

Yes, $60,000/yr may make you happy. But I suspect that is about being comfortable and able to live without concern (over money issues, for example). I expect that if you gave a control group a comfortable life / success and just $1,000 a year then a large part would also be happy. Reverse would apply to a group with $100K but put through merry hell :)

A better conclusion would be that happiness is probably being comfortable and feeling successful etc.

Re: Happiness is earning $60,000/year

#9
post #8

I suspect this is a case of using a metric (money) to explain a complex fact (what makes us happy). Yes, $60,000/yr may make you happy. But I suspect that is about being comfortable and able to live without concern (over money issues, for example). I expect that if you gave a control group a comfortable life / success and just $1,000 a year then a large part would also be happy. Reverse would apply to a group with $1…

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