hammersmithlad
Well-Known Member
- Joined
- 30 Mar 2010
- Messages
- 896
I earn a decent wage, 500K would change my life
Not to deviate too much from the thread but there are lots of studies most notable one from Yale University which suggest there is a wage cap (I think its around 75k) where anything greater does not lead to greater life satisfaction or sustained happiness. The perception is it will do but actually it doesn't mainly down to your initial basic needs are already covered & then we mainly spend the rest (since we can) on new or materialistic items which give you temporary enjoyment. Apparently, if you do have excess cash to burn the best way forward for more longer term life satisfaction is to invest in experiences rather than constantly upgrading your tv etc. Could explain why we're all craving holidays during the pandemic.