Higher income improves life rating but not emotional well-being

Research shows that happiness increases with earnings - up to a pointMoney can't buy you love, but it can make you happier if you are not a high earner, according to a Nobel prizewinning psychologist.A survey of 1,000 Americans found that happiness rose in line with salary, but only until people earned $75,000 a year, the equivalent of around £50,000.Earning more than this did nothing to boost how happy people were, according to Daniel Kahneman, a psychologist at Princeton University in New Jersey, who won the Nobel prize for economics in 2002.Kahneman teamed up with Angus Deaton, an economist at Princeton, to analyse 450,000 responses to a daily survey on happiness and life satisfaction run by Gallup in 2008 and 2009.The survey asked people to rate how happy they felt each day, based on their experiences of emotions such as joy, worry, sadness and fascination. They were then asked to rate their overall satisfaction with life, on a scale where zero was the worst they could imagine life to be and 10 being the

Higher income improves life rating but not emotional well-being

(PhysOrg.com) -- People's life evaluations rise steadily with income, but their reported quality of emotional daily experience levels off at a certain income level, according to a new study ...

Tue 7 Sep 10 from PhysOrg

Can money buy happiness? Maybe, up to $75,000

WASHINGTON (Reuters) - Can money really make you happy? Not really, but up to about $75,000 a year can ease the pain of life's stresses, U.S. researchers reported on Tuesday.

Wed 8 Sep 10 from Reuters

Report: Money can buy you happiness, to a point

They say money can't buy happiness. They're wrong.

Tue 7 Sep 10 from USA today

Report: Money Can Buy You Happiness, to a Point, Tue 7 Sep 10 from U.S. News

Report: Money can buy you happiness, to a point, Tue 7 Sep 10 from AP

£50,000-a-year can buy you happiness - after that its down to you

Money can buy you happiness but only if you earn £50,000 a year - after that you really have to work for it, a study claims.

Mon 6 Sep 10 from Telegraph.co.uk Science

The price of happiness? £50,000pa

Research shows that happiness increases with earnings - up to a pointMoney can't buy you love, but it can make you happier if you are not a high earner, according to a Nobel prizewinning psychologist.A ...

Mon 6 Sep 10 from Guardian.co.uk

Money Buys Happiness Only Up to a Point

Above about $75,000 income, money doesn't do much for your emotional well-being.

Mon 6 Sep 10 from Livescience

Money Can Only Buy So Much Happiness

Money may shape your outlook on life, but it can only buy so much when it comes to your daily happiness, a study suggests.

Tue 7 Sep 10 from WebMD

Total number of sources: 11

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