One study shows you can put a price on happiness - $81,000

HOW much money do you need to buy happiness?

According to one study, $81,000.

Two Princeton University researches went on a quest to discover if money could buy happiness, by evaluating people's day-to-day happiness and their overall satisfaction with life.

Those with lower incomes reported more emotional misery and low life evaluation, but the pair found the happiness tipping point sat at $US75K.

Taking into account conversion rates at the time of the study, this would equate to $81,000 Australian.

"Beyond $75,000 (US)…higher income is neither the road to experience happiness nor the road to relief of unhappiness or stress," Mr Kahneman and Mr Deaton wrote in the report.

STUDY: https://www.princeton.edu/~deaton/downloads/deaton_kahneman_high_income_improves_evaluation_August2010.pdf

 


Three times the Elvis appeal

Three times the Elvis appeal

Elvis - An American Trilogy show is coming to the Northern Rivers

Un bon film! French cinema festival is coming

Un bon film! French cinema festival is coming

Alliance Francaise Cote du Nord has unveiled this year's program

A beauty, a beast and some singing cutlery sought

A beauty, a beast and some singing cutlery sought

Ballina Players is auditioning for Beauty and the Beast

Local Partners