Study: Money can buy satisfaction but not happiness

A new study by researchers at Princeton University took a look at income and emotional well-being. The university polled 450,000 people and found the amount of improvement of emotional well-being stops

News 12 Staff

Apr 16, 2015, 6:56 AM

Updated 3,298 days ago

Share:

Study: Money can buy satisfaction but not happiness
A new study by researchers at Princeton University took a look at income and emotional well-being.
The university polled 450,000 people and found the amount of improvement of emotional well-being stops being affected by money at around $75,000.
The study says that things seem to get worse if someone's income is below $75,000 because there is less disposable income. Marital and health problems may seem worse when there is less money to go around.
However, the study also found that having more than the $75,000 amount may not improve a person's well-being because they have to work longer and harder to get it. This could mean less time for family or leisure.
The study concludes that having a high income can buy satisfaction in life, but not necessarily happiness.
The full study can be read on Princeton University's .


More from News 12
2:15
SUV crashes through Dunkin' in Old Bridge

SUV crashes through Dunkin' in Old Bridge

1:47
Cold start ahead of a beautiful, sunny afternoon for New Jersey

Cold start ahead of a beautiful, sunny afternoon for New Jersey

2:17
South Brunswick implements plan to prevent fatal crashes

South Brunswick implements plan to prevent fatal crashes

0:42
Police: 3 women accused of stealing nearly $600 worth of merchandise from Target

Police: 3 women accused of stealing nearly $600 worth of merchandise from Target

1:53
Shop Mother’s Day Gifts – Exclusive Offers Up to 75% OFF!

Shop Mother’s Day Gifts – Exclusive Offers Up to 75% OFF!

0:28
Former Carteret middle school teacher accused of sexually assaulting student

Former Carteret middle school teacher accused of sexually assaulting student

2:28
Main Street New Jersey: Showcasing the best of North Brunswick

Main Street New Jersey: Showcasing the best of North Brunswick

0:42
Former NJ national guardsman who set off large FBI manhunt pleads guilty to capitol riot charges

Former NJ national guardsman who set off large FBI manhunt pleads guilty to capitol riot charges

0:33
Somerville man indicted in murder of high school classmate

Somerville man indicted in murder of high school classmate

0:27
Police: Bronx man beaten, stabbed at Showboat Resort Atlantic City; 1 arrested

Police: Bronx man beaten, stabbed at Showboat Resort Atlantic City; 1 arrested

2:09
Paws & Pals: Bogey now up for adoption with JerseyGirls Animal Rescue

Paws & Pals: Bogey now up for adoption with JerseyGirls Animal Rescue

1:37
Guide: How to dispose of prescription medicines in Connecticut, New Jersey and New York

Guide: How to dispose of prescription medicines in Connecticut, New Jersey and New York

0:23
New York Giants add explosive receiving threat, taking Malik Nabers of LSU at No. 6 in NFL draft

New York Giants add explosive receiving threat, taking Malik Nabers of LSU at No. 6 in NFL draft

0:17
Jets trade down a spot, take Penn State offensive tackle Olu Fashanu at No. 11 in NFL draft

Jets trade down a spot, take Penn State offensive tackle Olu Fashanu at No. 11 in NFL draft

2:34
KIYC: NJ mayors call for tougher penalties for young criminals, but are juvenile crime stats increasing?

KIYC: NJ mayors call for tougher penalties for young criminals, but are juvenile crime stats increasing?

2:34
Airlines now required to give automatic cash refunds for canceled, delayed flights

Airlines now required to give automatic cash refunds for canceled, delayed flights

1:00
The East End: McCall Wines in Cutchogue

The East End: McCall Wines in Cutchogue

10:25
Gov. Murphy answers viewers questions on ‘Ask Gov. Murphy’ program - April 25, 2024

Gov. Murphy answers viewers questions on ‘Ask Gov. Murphy’ program - April 25, 2024

Gusts of activity underway by friends and foes of offshore wind energy projects

Gusts of activity underway by friends and foes of offshore wind energy projects

0:39
Jersey Proud: US Coast Guard lands helicopter at school for career day

Jersey Proud: US Coast Guard lands helicopter at school for career day