Connection Between Money and Happiness is Real—to a Point, Say Researchers - College of Social and Behavioral Science

A new study on happiness found the average income globally for optimum life satisfaction is $95,000 for an individual. “What we show here for the first time is that in some places increasing income after some point actually leads to decreases in life satisfaction,” said Ed Diener, professor of psychology. “We don’t yet know why this is — perhaps these people work so hard that they cannot enjoy life, or they become focused mostly on materialistic goals or whatever. We just don’t know.” Read more.