Survey: If you can clearly mark the price, how much can you buy happiness?

Mondo Social Updated on 2024-01-29

Can money buy happiness?Different people may have different answers. The latest poll in the United States shows that if the price can be clearly marked, ordinary people think: the happiness of ** is about 1.2 million US dollars.

In a poll released at the end of November, financial services firm Empower noted that when most Americans think of "financial happiness," the first feeling that comes to mind is freedom, followed by security and ease.

So when the company asked 2,034 U.S. adults a well-worn question — can money buy happiness?About six** think it's okay, and ** is about $1.2 million;71% of Americans believe that "having more money solves most of the problems."

The "pricing" varies from generation to generation.

The price of happiness does not come cheap. From a generational perspective, millennials have the highest cost of happiness, requiring a net worth of about $1.7 million to reap the rewards of a happy and happy life;Baby boomers believe that a net worth of just under $1 million will make them happy;The cost of Gen X's happiness is about $1.21 million.

Gen Z is an exception. Empower's survey found that the average is about 48A net worth of $70,000 is enough to make the youngest adult generation financially happy.

The company believes that the large difference between millennials and other generations may be due to the huge setbacks that this generation has experienced, including the 2008 financial crisis, the volatility caused by the pandemic, and the current high inflation and mortgage interest rates.

When it comes to salary, Americans say they need about $28 per year$40,000 in income to feel happy, of which men expect 38The annual income of $10,000 is much higher than the 18 for women$30,000.

Here's the average annual salary needed to make different generations happy and relieve stress: Millennials are 52$50,000, 12 for Gen Z$80,000, $130,000 for Gen X, and $12 for Baby Boomers$40,000.

The survey also found that many people are stressed by economic issues such as high inflation, high interest rates, costs** and student loans. In the current situation, about 42% of Americans say 2$50,000 can give them a boost in financial well-being in 6 monthsOne-third of respondents said 1$50,000 will bring substance to their lives;17% even said they could feel happy with as little as $5,000.

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