How Much Money Do We Need Per Year to be Happy?

Science has the answer!

July 18, 2018

© Anna Om | Dreamstime.com

But weren't we always taught that money can't buy happiness? I know I was told that from a very young age. 

There's a new study out from Perdue University though that proves otherwise. There's a certain amount of money people need to make per year to feel happiest. What do you think that figure is? 

I bet you're thinking it's some crazy, high amount of cash. But that's not the case at all. This study and studies in the past found that people felt the best when they were making anywhere from $60-75k per year. The study from Purdue wasn't just about happiness, but they also looked at the figure that would make people feel like they finally hit their financial goals and considered themselves to be successful. 

That number, $95,000 a year. I am a bit shocked that it wasn't again much higher. I feel like we watch all these super rich celebrities live these incredible lives full of luxury and it makes us want that too. The research proved otherwise though. More money left people feeling less satisfied and always wanting to make and have more.