Brain Rules for Baby (John Medina) / quote 57 of 91
Past a modest income, money doesn't buy happiness
More research has since confirmed and extended these simple findings. In addition to satisfying relationships, other behaviors that predict happiness include: • a steady dose of altruistic acts • making lists of things for which you are grateful, which generates feelings of happiness in the short term • cultivating a general “attitude of gratitude,” which generates feelings of happiness in the long term • sharing novel experiences with a loved one • deploying a ready “forgiveness reflex” when loved ones slight you If those things sound obvious—the usual suspects in self-help magazines—this one may be a surprise: Money doesn’t make the cut. People who make more than $5 million a year are not appreciably happier than those who make $100,000 a year, the Journal of Happiness Studies found. Money increases happiness only when it lifts people out of poverty to about $50,000 a year in income. Past that, wealth and happiness part ways. This suggests something practical and relieving: Help your children get into a profession that can at least make around $50,000 a year.