Britain’s “Happiest” Earn £50,000 a Year

How much happiness does money buy you?

(Reuters) Britain’s “Happiest” Earn £50,000 a Year

LONDON | Fri Jul 9, 2010 10:35am BST

Money may not be the answer to all of life’s troubles, but earning 50,000 pounds a year — and not a penny more — could make you among the happiest in Britain, a survey found.

Workers who get paid 50,000 pounds a year were the happiest bunch among those in the 10,000 to 70,000 pounds wage bracket, with one in five people saying that they had never felt more content with their lives

The wealthier, the more miserable, with people who earn above 70,000 pounds admitting that they felt less happy than those who take home 50,000 a year, a survey by money management website lovemoney.com found.

“With a salary of 50,000 you’ve got the combination of perhaps a personality where you’re more easily content with your lot but also at a salary which is very much above the national average,” Ed Bowsher, head of consumer finance at lovemoney.com said.

“Perhaps it’s also partly driven by your kind of personality. The kind of people who have the ambition to get a job that is earning 70,000 or more may be the kind people who are never going to be satisfied.”

(See the original article here)

Also see The Price of Love: £163,424, Are Men With Longer Ring Fingers More Likely To Be Rich? and Does Money Buy… Unhappiness?

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