Study: Most Americans Believe Money CAN Buy Happiness

Study: Most Americans Believe Money CAN Buy Happiness

• In spite of what you may have heard, money can buy happiness.
• At least that’s the opinion of more than 60 percent of Americans, according to a new poll conducted by the financial services firm Empower. What’s more is the respondents shared the exact amount one would need to make to achieve true happiness: about $284,000 a year. Unfortunately, the median household income in the U.S. is $74,000 annually, meaning most Americans fall short of true happiness.
• That’s not to say you can’t be happy if you’re making less than that. Respondents also said one could be happy with at least $1.2 million in the bank. Again, however, that falls short of reality, as the median net worth of U.S. households is $192,900, the Federal Reserve reveals.
• How much money would you need to be happy?

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