Posts Tagged ‘income’

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    More About Money and Happiness

    Jul 6, 10 • 112 Views • Behavioral Economics, Households, Thinking Economically2 Comments

    If you want to know whether money relates to happiness, you might first decide what makes you happy. A Gallup World Poll of 136,000 people in 132 countries from 2005-2006 focused on 2 variables: “life satisfaction” and “enjoyment of...

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    Money and Happiness

    Jun 8, 10 • 81 Views • Thinking EconomicallyNo Comments

    Does money buy happiness? A 2006 report from the Pew Research Center said yes and no. If we compare income groups, the answer is yes. Almost 50% of people earning more than $100,000 annually said they were happy. However, as income levels dropped, so too did...