The Wall Street Journal posted about this the other day, and ever since I’ve been seeing it all over the ‘net. And for good measure – it’s a pretty interesting finding! Have you ever asked yourself what the perfect salary would be for you is? When it comes to overall happiness?
According to the study,
“The magic income number is $75,000 a year. As people earn more money, their day-to-day happiness rises. Until you hit $75,000. After that, it is just more stuff, with no gain in happiness.”
I usually don’t put too much stock in this stuff, but I gotta admit – I think I’m sold! And the reason I say that is because as soon as I personally hit $75,000 I’ve been on top of the world! (this was before my 10% slashing, of course) I never really thought I was making “enough” up to that point, but for whatever reason I stopped thinking about it soon after.
Maybe it’s coincidence, I don’t know, but I’m telling you I think for me at least $75k is right on the nose. And believe me, these last two years I’ve made well over that when I round up all the blog money and other projects I’ve been accumulating lately. Although it’s not like I’m gonna STOP trying to make that bank! Haha… No siree, it’s just that my overall level of happiness seems to have plateaued once I hit that magical mark.
Of course, it also has a lot to do with the fact I’ve finally got my expenses on lock and I’m not getting into as much mischief anymore as well ;) I also don’t live downtown DC or LA or NYC either, which I’m sure would def. change the game up a bit.
But that’s today’s thought anyways. That we all may have that perfect salary we’re trying to reach. What do you think about that? Would you/are you content @ $75,000 a year? And if not, what would be a better (and realistic) salary for you?
Jay loves talking about money, collecting coins, blasting hip-hop, and hanging out with his three beautiful boys. You can check out all of his online projects at jmoney.biz. Thanks for reading the blog!