Sorry, you cannot buy happiness with a $75,000 salary
mindyourdecisions.com
mindyourdecisions.com
That's a reasonable conclusion. Intuitively, I would be more stressed by an unusually large gas bill, say, if I earned $30,000/year than I would be if I made $75,000/year. And at the same time, I would always be happier (feel cooler, more productive, more generous) if I had a bigger house, faster boat, or could give more to charity.
As the original article stated, there's a point where more money means new stresses appear. The results of their study show that at $75k, the total of all stresses is at its least on average.
That number is wrong. These kind of studies always are due to their nature. It's a best-guess.
The point wasn't to figure out how much money people should be making, it was just a look into how money affects peoples' lives for the average person.