MONDAY, Sept. 6 (HealthDay News) -- Money can help buy happiness -- at least if you're bringing in about $75,000 a year, new research shows.
While happiness increases along with annual household incomes up to about $75,000, beyond that, earning more money has no effect on day-to-day contentment, according to the study.
But that doesn't mean you should give up trying to get that promotion. While making more won't help your emotional state on any given day, people who had household incomes above $75,000
were more apt to say they were satisfied overall with their life.
I KNEW IT! Sadly I'm in a dead end career path and have no prospects in the short term to earn more. My wife and I used to say, "if we could only earn X, things would be a lot better." X moved every year but it was essentially true.
The value for us at that time "X" was a magical number that covered all our bills and allowed us to entertain our friends and enjoy the simple things in life like food, diapers, gasoline, booze, movies and dinner out.
"X" always seemed to move just out of our reach. Today I can safely say $75,000 would make retirement pretty sweet and give us the money to go on a nice vacation each year. Oh well. Maybe in my next life I'll be rich instead of so damn good looking.
My wife is fond of quoting Goldie Hawn from the 1987 movie,
Overboard. I think this quote works on many levels.
Annie: I don't belong here, I feel it, don't you think I feel it. I can't do any of these vile things and I wouldn't WANT to. Oh, my life is like death. My children are the spawn of hell, and you're the devil. Oh God.
Dean Proffitt: But baby, we LIKE you.
At one point she makes the following observation, which is my wife's favorite.
Annie: I didn't marry well.