Money brings happiness: now there are no more doubts! In fact, science confirms it. This is how much we should earn to be truly happy.
Those who say that money doesn’t matter are usually those who have a lot of it and don’t have to worry about how to get to the end of the month by paying the mortgage installment, bills, children’s school, petrol for the car and shopping at the supermarket. Certainly money alone does not bring happiness but just as surely you cannot be happy if you don’t even have the bare minimum to be able to live with dignity.
The concept of “bare minimum” could be discussed for a long time: we could perhaps write an entire encyclopedia as everyone has their own lifestyle which is more or less expensive. There are people who are enough – or make it enough – 1500 euros a month and others who complain about not being able to live on 5000.
There are many factors to take into consideration: the city where you live, how many children you have, if you have specific expenses linked, perhaps, to health problems. But one thing is certain: according to science, without money you cannot be happy and to be happy we should earn at least a certain amount. Let’s find out what the “minimum threshold of happiness” is according to experts.
Salary: Here’s how much you should earn to be happy
If you think that money doesn’t bring happiness, you are very wrong! Now science also says that to be happy, money is one of the most important factors and we cannot live peacefully if our salary is below a certain threshold. Let’s immediately find out what the appropriate monthly salary should be in Italy for a happy life.
Salary: here’s how much you should earn to be happy/Casertanotizie.com
The relationship between happiness and economic well-being has increasingly interested scientists so much so that several studies have been done on the subject. One of the most recent is the one conducted by Daniel Kahneman, Nobel Prize winner for economics, published in 2023 in the journal Proceedings of the National Academy of Sciences. This study analyzed data from more than 33,000 US adults.
Research data has highlighted that, for most people, emotional well-being and Happiness levels increase as income increases but only up to a certain threshold. Then they stabilize. This threshold is equal to 100,000 dollars a year which, converted into euros, makes approximately 90,000 euros, i.e. approximately 7500 euros per month.
Therefore, to be truly happy and fully satisfied we should earn no less than this amount. A salary that, at least in Italy, most of us can only dream of given that, according to the latest ISTAT data, the average salary in our country is around 1,750 euros per month. But some also earn much less.