Does money buy you happiness? Researchers join forces to reveal the answer

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Does money buy you happiness? Researchers join forces to reveal the answer
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Money can buy you happiness, but it depends, researchers find

But for some, particularly those who are most unhappy, that happiness peaks at US$100,000 a year and then plateaus, the researchers say.

Research from Killingsworth at Penn found in 2021 that happiness rose with income beyond US$75,000 without plateauing, while a 2010 study from Princeton found happiness did level off above $75,000. The researchers referred to data from Killingworth's 2021 Penn study, where he used an app called Track Your Happiness to ask users how they feel at random points throughout any given day.

"And what we found bore out that possibility in an incredibly beautiful way. When we looked at the happiness trend for unhappy people in the 2021 data, we found exactly the same pattern as was found in 2010; happiness rises relatively steeply with income and then plateaus."

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