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  • Essay / Happiness Formula - 1228

    An annual income of $75,000 is the tipping point for where money can buy you happiness. Earning less than $75,000 a year often means you're in poor health and some basic needs won't be met. Below this threshold, many unhappiness factors have a stronger effect. People earning more than $75,000 a year don't report that more money brings higher happiness rates. However, money can improve their evaluation of life, meaning they believe the life they live is better because of their wealth. For them, money contributes to comfort. They also tend to have less ability to enjoy small