Money Can Buy Happiness, But Only Up To $75,000 - Spokane, North Idaho News & Weather KHQ.com

Money Can Buy Happiness, But Only Up To $75,000

WASHINGTON — They say money can't buy happiness. They're wrong. At least up to a point.

People's emotional well-being — happiness — increases along with their income up to about $75,000, researchers report in Tuesday's edition of Proceedings of the National Academy of Sciences.

For folks making less than that, said Angus Deaton, an economist at the Center for Health and Wellbeing at Princeton University, "Stuff is so in your face it's hard to be happy. It interferes with your enjoyment."

Deaton and Daniel Kahneman reviewed surveys of 450,000 Americans conducted in 2008 and 2009 for the Gallup-Healthways Well-Being Index that included questions on people's day-to-day happiness and their overall life satisfaction.

Happiness got better as income rose but the effect leveled out at $75,000, Deaton said. On the other hand, their overall sense of success or well-being continued to rise as their earnings grew beyond that point.

"Giving people more income beyond 75K is not going to do much for their daily mood ... but it is going to make them feel they have a better life," Deaton said in an interview.

  • Most Popular StoriesMost Popular StoriesMore>>

  • Idaho Fish and Game Commissioner resigns amid graphic baboon hunting photo controversy

    Idaho Fish and Game Commissioner resigns amid graphic baboon hunting photo controversy

    Monday, October 15 2018 6:29 PM EDT2018-10-15 22:29:39 GMT

    BOISE, Idaho - Idaho Fish and Game Commissioner Blake Fischer has resigned, effective immediately, after photos involving a dead baboon family surfaced from an African hunting trip. Idaho Governor C.L. "Butch" Otter announced Monday afternoon that he asked for and received the resignation from Fischer, who was under intense criticism for the graphic photos from last month.

    >>

    BOISE, Idaho - Idaho Fish and Game Commissioner Blake Fischer has resigned, effective immediately, after photos involving a dead baboon family surfaced from an African hunting trip. Idaho Governor C.L. "Butch" Otter announced Monday afternoon that he asked for and received the resignation from Fischer, who was under intense criticism for the graphic photos from last month.

    >>
  • Hayden man shares story of Grizzly attack while bow hunting in Montana

    Hayden man shares story of Grizzly attack while bow hunting in Montana

    Sunday, October 14 2018 3:11 PM EDT2018-10-14 19:11:51 GMT
    Bob Legasa -  FacebookBob Legasa - Facebook

    BOZEMAN, Mont. - A Facebook post by Bob Legasa of Hayden, Idaho is going viral after he survived a grizzly attack while bow hunting in Montana. Legasa says in the post: "My hunting partner Greg Gibson and I surprised a Sow grizzly and her cub as we were moving in on some Elk. We walked up to with in 12 yards when we all saw each other And before I could even reach for my bear spray she was at full charge.

    >>

    BOZEMAN, Mont. - A Facebook post by Bob Legasa of Hayden, Idaho is going viral after he survived a grizzly attack while bow hunting in Montana. Legasa says in the post: "My hunting partner Greg Gibson and I surprised a Sow grizzly and her cub as we were moving in on some Elk. We walked up to with in 12 yards when we all saw each other And before I could even reach for my bear spray she was at full charge.

    >>
  • Woman pleads innocent to murder by reason of insanity

    Woman pleads innocent to murder by reason of insanity

    Sunday, October 14 2018 7:05 PM EDT2018-10-14 23:05:39 GMT
    Luke HollisterLuke Hollister

    COLFAX, Wash. (AP) - A woman accused of fatally shooting a Coeur d'Alene, Idaho, man in Colfax, Washington, has pleaded innocent by reason of insanity. The Spokesman-Review reports Ashley Myers entered the plea to second-degree murder Friday in Whitman County Superior Court.    Insanity pleas allow for the defense to argue for a potential commitment to a psychiatric facility instead of prison. 

    >>

    COLFAX, Wash. (AP) - A woman accused of fatally shooting a Coeur d'Alene, Idaho, man in Colfax, Washington, has pleaded innocent by reason of insanity. The Spokesman-Review reports Ashley Myers entered the plea to second-degree murder Friday in Whitman County Superior Court.    Insanity pleas allow for the defense to argue for a potential commitment to a psychiatric facility instead of prison. 

    >>
HD DOPPLER 6i
/