How Much Money You Need to Buy Happiness

How much money do you need to be happy? According to economists, $36,000. Anything after that won’t increase your happiness. All around the world, people report increased satisfaction with life, until they hit about $36,000, provided you adjust for purchasing power. After that, satisfaction dips, and no amount of money … Read More

Money Problems Cause Mental Problems

Ever worried about something like a major car repair straining your budget, only to then fall for the mechanic’s snake oil sales pitch? A team of researchers, which includes psychologists and economists in the US and UK, think that economic pressure leads to poor decision making, and they have a … Read More

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