Happiness comes with a below 100,000-dollar price tagApril 12th, 2008 - 4:03 pm ICT by admin
Melbourne, Apr 12 (ANI): Theres no doubt that no matter how much you earn, your desires and wants are still left unquenched. But according to a new report 100,000 dollars are more than enough to keep you happy.
And the happiness derived from money starts stalling after this amount.
According to the annual Australian Unity wellbeing index the statistical smile tracker happiness starts to stall as household income passes 100,000 dollars, reports heraldsun.com.au.
According to the authors, once you crack six figures “money loses its ability to reliably raise well-being and does not increase in line with increasing income”.
This is when a person reaches a point where they have enough money to comfortably keep a roof over our heads, food on the table and clothes on their backs.
After achieving this, much of our economic stress and angst is eliminated.
Each dollar thereafter is a sliding scale of diminishing returns, which no amount of stuff can fill, the report said. (ANI)
Tags: australian unity, clothes, desires, diminishing returns, dollar price, economic stress, food on the table, happiness, heraldsun, household income, melbourne, money, no doubt, price tag, six figures, smile, wellbeing