It was a good while ago now, but the research I’ve seen into the issue seemed to show that income and happiness are correlated up to about £50k / year (median income was in the low 30s I think back then).
After that the “mo’ money, mo’ problems” effect becomes dominant.
It was a good while ago now, but the research I’ve seen into the issue seemed to show that income and happiness are correlated up to about £50k / year (median income was in the low 30s I think back then).
After that the “mo’ money, mo’ problems” effect becomes dominant.
Once your basic needs are met, security and safety are much more important than being able to buy more stuff.
cost of living and culture varies in the US to UK. a lot higher per capita in the US earn $100k than earn £50k in the UK.