75,000 a Year to Be Happy? People say money doesn’t buy happiness. The lower how Does Tumblr Make Money person’s annual income falls below that benchmark, the unhappier he or she feels. 75,000 people make, they don’t report any greater degree of happiness. 75,000, the study points out that there are actually two types of happiness.
There’s your changeable, day-to-day mood: whether you’re stressed or blue or feeling emotionally sound. Tony Robbins tries to teach you. The study, by economist Angus Deaton and psychologist Daniel Kahneman, who has won a Nobel Prize for Economics, analyzed the responses of 450,000 Americans polled by Gallup and Healthways in 2008 and 2009. Participants were asked how they had felt the previous day and whether they were living the best possible life for them. They were also asked about their income. Most people were also satisfied with the way their life was going. See TIME’s special issue on the science of happiness. Researchers found that lower income did not cause sadness itself but made people feel more ground down by the problems they already had. 3,000 a month reported similar feelings.
For people who earn that much or more, individual temperament and life circumstances have much more sway over their lightness of heart than money. 75,000 is the benchmark, but “it does seem to me a plausible number at which people would think money is not an issue,” says Deaton. At that level, people probably have enough expendable cash to do things that make them feel good, like going out with friends. But in the bigger view of their lives, people’s evaluations were much more tied to their income. The more they made, the more they felt their life was going well. The survey asked respondents to place themselves on a life-satisfaction ladder, with the first rung meaning their lives were not going well and the 10th rung meaning it was as good as it could be. The higher their income, the higher the rung people chose. It’s no surprise, then, that when the same polls are done in different countries, Americans come out as a bit of a mixed lot: they’re fifth in terms of happiness, 33rd in terms of smiling and 10th in terms of enjoyment. At the same time, they’re the 89th biggest worriers, the 69th saddest and fifth most stressed people out of the 151 nations studied.
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