I recently read an article in TIME magazine relative to a new study from a Nobel-winning psychologist at Princeton University, which estimates the ‘price of happiness.’ Apparently, it prices out at $75,000 a year! Net results from the article include: the further a person’s income drops below $75,000 the more unhappy they become due to worries about health-care and retirement. And, equally, no matter how much more than $75,000 a person makes, it doesn’t bring them anymore joy.
It is a fascinating article, based on scientific research. It discusses the notable theories of Tony Robbins and Oprah Winfrey relative to the ‘road to self awareness and satisfaction’ and it shines the light on the mirage that more money just leads us to just think our life is better. Money’s power over self-esteem is tempting and builds a facade of happiness.
This is an interesting conversation; and I welcome your comments!