Beyond that, however, money doesn’t necessarily make us happier.
According to Time Magazine, Dan Gilbert, professor of psychology at Harvard University and author of Stumbling on Happiness, believes that money has some obvious advantages, but also limitations.
“Once basic human needs are met,” says Gilbert, “a lot more money doesn’t make a lot more happiness.”
Research shows, Time reports, that “if you make less than $ 20,000 a year and make more than $ 50,000, the odds of being happy are double, but the payoff for exceeding $ 90,000 -Dollars is low. “
In other words, if you have enough money to pay your bills and enjoy going out to dinner every now and then, an extra increase in wealth doesn’t necessarily translate into greater happiness – or, as one of the academic studies put it, “greater.” Life satisfaction ”. ”
I remember speaking at a family reunion a few years ago with older family members who were no longer with us.
They told me stories about growing up in Pittsburgh during the Great Depression. They had no money at all – but no idea they were poor.
Their neighborhood was rich in humanity – kind old characters, people to take care of them, and plenty of friends to play with.