I don’t think that $75k was to live comfortably, I think the $75k was to feel happy about your income.
Ninja edit: found it:
…Daniel Kahneman, who in 2010 published an influential study with fellow Nobel Prize-winner Angus Deaton. The 2010 study found that money could only boost happiness up to a point — about $75,000 in annual earnings. Beyond that figure, the researchers concluded, money had little impact.
but…
Now, new research from a Nobel Prize-winning economist and fellow researchers provides a fresh answer. Money does appear to boost happiness — at least for most people — up to earnings of $500,000, according to the new paper published in this month in the Proceedings of the National Academy of Sciences journal.
About ten years ago or so that number was 75k to live comfortably without any worries.
I was so excited when I got a big raise (10%), thinking it would change things. Then inflation happened and I’m back to watching my finances.
I got a decent raise. Multiple required insurances I have immediately inflated.
I don’t think that $75k was to live comfortably, I think the $75k was to feel happy about your income.
Ninja edit: found it:
but…
https://www.cbsnews.com/news/money-happiness-study-daniel-kahneman-500000-versus-75000/