During the past 50 years, economists have had different answers when asked about the connection between money and happiness.
We Finally Know If Money Makes Us Happy
Looking at money and happiness, studies have disagreed whether increasing income makes us happier…until now.
When Does Money Make Us Feel Good?
In 1974, a University of Pennsylvania economist concluded that there was a happiness plateau. Yes, we feel increasingly good as our income grows. But not beyond $75,000. Called the Easterlin Paradox, even if your earnings continue upward, they don’t bring…