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But research shows that money can't buy happiness; happy people just seem to be more successful. "Happy people make more money, have better relationships [and] are more successful in life, not vice versa," Muller says. Unless you're using money to buy experiences, get extra time or donate to others, it can't buy you happiness, social scientist and happiness expert, Arthur C. Brooks, teaches in his Harvard course about managing happiness. But being happier in life can lead to financial increases and success, Muller says. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: Tami Muller, Muller, Arthur C, Brooks Organizations: Harvard, CNBC
Earning a six-figure salary is a common aspiration for many Americans, even if it won't make them feel rich. On average, Americans say earning $94,696 a year would make them happy, according to a new survey from Moneyzine.com. Residents in some states, however, would be happy earning far less: In 33 states, residents named average salaries under $100,000 as their "ideal" incomes. Residents of New Hampshire said, on average, $42,000 a year would make them happy — the smallest salary of all 50 states. Surprisingly, it's not necessarily the most affordable states where residents say smaller salaries would make them sufficiently happy.
Persons: it's Locations: Moneyzine.com, New Hampshire, Delaware
Money can't literally buy happiness. Americans say it would take a lot of money — upwards of $230,000 a year — to feel secure, and even more — $483,000 — to feel rich, according to a recent Bankrate survey. A salary of $94,696, on average, would make Americans happy, according to a new survey of over 1,200 people from Moneyzine.com. Earning a salary smaller than six figures isn't enough for everyone, though, especially in states with higher costs of living. In 17 states, the average salary needed to feel happy is over $100,000.
Organizations: Moneyzine.com
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