by Melissa Sweat, Customer Relationship & Community Manager
We've all heard the adage that money can't buy you happiness. But this timeworn maxim isn't entirely true.
"Once people surpass $75,00 in annual net income, which would be about $82,000 in today's dollars, they experience no statistically signifiant bump in their day-to-day emotional well-being," states author and speaker Jenny Blake, referencing a 2010 study by Nobel Prize winner in economics, Daniel Kahneman and Angus Deaton, past president of the American Economic Association.
So, once we achieve a certain level of economic security—which can provide things like a comfortable residence, travel funds, and expendable income for pleasure and activities outside work—we reach a point where money no longer contributes to happiness. So what does?
In her recent podcast, "Are You High Net Growth", Blake suggests that the driver of purpose and fulfillment isn't about worth, but about growth:
"High net growth individuals love learning, taking action, tackling new projects, and solving problems. They are generous and cooperative, and have a strong desire to make a difference."
Learn more in the podcast, and join us for a FREE webinar Thursday, September 1, 2016 presented by Jenny Blake, "Pivot: The Only Move that Matters Is Your Next One."
(We'll also be giving away 3 copies of her new book!)