(WSJ) — Two academics analyzing a massive survey of U.S. public opinion on money and happiness found a magic number. Earning more money increases a person’s day-to-day contentment, they determined — until your salary hits $75,000.
After that point, as Robert Frank explains on WSJ’s Wealth Blog, additional earnings don’t increase a person’s contentment. (The study distinguishes between two types of happiness, and more money can enhance one of those. Read Frank’s full post for more.)