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How Much Money Do You Need To Be Happy - Exact Salary You Need

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According to the study in Nature Human Behavior journal, there is a salary for optimal happiness.

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There is a point where every extra dollar in your bank makes you happier, but there is also a point where every extra dollar in your bank doesn’t add to your happiness.

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It’s just like when you’re eating a tub of ice cream. The first few bites you really enjoy. After that it’s okay. Then you have to push through.

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You can see that globally, individuals need $95,000 to achieve optimal happiness for their goals.

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When you are going beyond $95,000 with your income, it will decline overall happiness. This is following the concept of diminishing returns.

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It makes sense that in different parts of the world, different optimal amounts are needed to be happy.

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We can say that location has an incredible effect on the salary amount that brings you  optimal happiness.

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