How Much Money Would You Need To Be Happy?

Published June 10, 2014 by TNJ Staff
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Then again, most would acknowledge that you need to have at least a minimum income for a shot at well-being – if only so you don’t have to scrounge for every meal.

In between gobs and a bare minimum, of course, is where most of us live.

And it turns out many Americans don’t think they need a CEO paycheck to be happy, or even six figures.

When asked how much would do the trick, just over half of people surveyed in CNNMoney’s American Dream poll said it would take less than $100,000.

Nearly a quarter of the people who took the poll, conducted by ORC International, said between $50,000 and $74,999 would work. That calls to mind the results of a Princeton study, which found that emotional well being rose with income, but not much beyond $75,000.

In other words, past a certain income level, your happiness comes from other factors.

Interestingly, some people really don’t care about money: 10% of those polled said somewhere north of a buck but south of $30,000 would be their minimum requirement.

And 6% said money can’t buy happiness, period.

On the high end of the scale, 23% said they’d need between between $100,000 and $199,999.

Read More At Cnn.

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TNJ Staff