Americans say money can buy happiness. Here's their price tag.
Americans say money can buy happiness. Here's their price tag.
Most people say they'd need a significant pay raise and considerable wealth to achieve contentment, a new poll shows.
Does happiness have a price? For a majority of Americans, the answer is yes — but it doesn't come cheap.
About 6 in 10 of Americans believe money can buy happiness, according to a new poll from financial services firm Empower. Yet to achieve happiness through financial means, most people say they'd need a significant raise, as well as a big chunk of money in the bank.
Median household income in the U.S. stands at about $74,000 annually, but respondents told Empower that they'd need to earn roughly $284,000 each year to achieve happiness.
And as for wealth, Americans said they'd need even more in the bank to feel content: $1.2 million, to be exact, the poll found. Many people are wealthier than they were a few years ago, thanks to the rise in real estate and stock market values, yet the median net worth of U.S. households stood at $192,900 in 2022, according to the Federal Reserve.
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In general, money doesn't buy happiness, but not being strapped for cash does. If you have a good budget, you can be low-stress and happy with a wide array of incomes. If you have a bad budget, even if you make a shitload of money, you will be stressed and much less happy.
owning a 1st gen MR2 would make me pretty happy, i have to say.
The pop-up lights were always a damn cool style (though I'm sure the bills to fix them when they won't retract/extend anymore was probably what killed them).
they were made illegal due to pedestrian safety. it was literally just two electric motors. there are half a dozen in a single car seat today.