• FenrirIII@lemmy.world
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      4 months ago

      I was so excited when I got a big raise (10%), thinking it would change things. Then inflation happened and I’m back to watching my finances.

    • RememberTheApollo_@lemmy.world
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      4 months ago

      I don’t think that $75k was to live comfortably, I think the $75k was to feel happy about your income.

      Ninja edit: found it:

      …Daniel Kahneman, who in 2010 published an influential study with fellow Nobel Prize-winner Angus Deaton. The 2010 study found that money could only boost happiness up to a point — about $75,000 in annual earnings. Beyond that figure, the researchers concluded, money had little impact.

      but…

      Now, new research from a Nobel Prize-winning economist and fellow researchers provides a fresh answer. Money does appear to boost happiness — at least for most people — up to earnings of $500,000, according to the new paper published in this month in the Proceedings of the National Academy of Sciences journal.

      https://www.cbsnews.com/news/money-happiness-study-daniel-kahneman-500000-versus-75000/