whatilearned
Read more: https://www.cnbc.com/2020/05/26/how-your-salary-and-the-way-you-spend-money-affect-your-happiness.html
TIL In 2018 a Purdue University study claimed $75,000 USD is the amount necessary for emotional well-being and anything over $105,000 actually decreases overall happiness.
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TIL Purdue University study is totally full of shit.
Personally, I would be honored to help out with the study just to see what $500k does to oneself.
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edit: clarity
I made 70k last year and can’t afford a house where I live without two incomes. Financially speaking, 2018 was a long time ago. Things have changed and 75k ain’t shit.
Thank you Purdue for shaving off that unnecessary wealth and bringing happiness to your students and their families with your scholarships.
About $75K per person. Okay, that’s fair. I’m married, with two adult children that live with me. So, we’d be “happy” with a family income of $300K? and over that, we begin losing happiness? That might be fair.
As it is, “we” make less than that. I make more, but me and my wife together don’t make more, and when you add in my kids, we’re at much less. Can I really be happy if my kids are in poverty? Nope. So, I need a LOT more pay, to be at peak happiness. Or, actually, my wife and kids need to be paid a LOT more, while I’m good.
They say money doesn’t buy happiness but I ain’t never seen anyone pissed off on a jet ski.
This reads like rich people propaganda,
You don’t need to be rich you’ll be happier with less money.
TIL that Purdue university thinks spending 41k on university per year is ok and you only need 34k to be happy
The people at the 4 million dollar house I was helping build at are the nicest people I know for the last five years. The people down the street on either side have 3 and 5 million dollar houses, and their both dick holes.
Money has nothing to do with it. Upbringing and attitude has a lot to do with it.
This must be on the assumption that the individual somehow managed to find a decent place to live completely for free. Because otherwise that isn’t enough to afford housing and decent housing is a pretty big qualifier for my happiness
Who decided on the metrics and standards that gauge the parameters of “emotional well being”? Personally I am skeptical of an institution of higher learning that has as its mascot a Boilmaker.
This greatly depends on where you live. 75K in some places like NYC or parts of Cali is not a good wage. 75K in low income areas you may as well be a millionaire.
“I have an uncomfortable [number] of friends who make $12 million a year and are unhappy,” (Vaynerchuk) says.
It would be my honor to help his friends increase their happiness by accepting donations of their unwanted cash….
And how much does Purdue charge their students to go to school there while going “you can just take out loans!”
Hmm, what we’re the salaries of the study officers?