How much money is enough to keep you happy or content?
@driley1974: It's been shown that up to a certain point, people with money are happier.
It comes down to having enough money for the essentials. Food, clothing, housing. People who have enough money to comfortably afford those things with enough left over for a few luxuries are normally happier than those people who are constantly struggling to make ends meet. Less daily stress = happiness.
There is a dollar amount that I read that caps that theory. I forget what it was, but my gut wants to say that it's at about the $200k per year mark. After that if you're short on money it's more likely due to lifestyle choices rather than quality of life (buying a house that's too expensive, too many cars, etc.)
To answer the question, I think that if I were given $300-500k today, I could use that to make myself comfortable and happy for the rest of my life. I'd be living modestly, but I would be happy.read more collapse
- Aug 16, 2012 10:52 AM
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