I think I saw that on LessWrong quite recently. That study is trying to refute the claim that income satisficing happens at ~$20k (and is mostly focused on countries rather than individuals). $20k << $75k.
When we analyze these data more formally in regressions we find no evidence of a significant break in either the happiness-income relationship, nor in the life satisfaction-income relationship, even at annual incomes up to half a million dollars.
OK, I believe there is conflicting research. There usually is. And as usual, I don’t know what to make of it, except that the preponderance of search hits supports $75k as satisficing. shrug
The studies on income satisficing (past 75k, more money doesn’t correlate with more happiness) certainly suggest that this is true.
But I’m still hoping it’s not, and most people just haven’t figured out how to buy happiness efficiently. Seems worth trying, at any rate.
And other studies suggest that it isn’t.
I think I saw that on LessWrong quite recently. That study is trying to refute the claim that income satisficing happens at ~$20k (and is mostly focused on countries rather than individuals). $20k << $75k.
OK, I believe there is conflicting research. There usually is. And as usual, I don’t know what to make of it, except that the preponderance of search hits supports $75k as satisficing. shrug
Certain people know how to spend money right and other don’t, and for some reason different studies are biased towards different types of people?