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
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?