Money Buys Happiness Only to a Point (About $60,000)

BoingBoing: CNN: Ten Big Ideas from TED

"Psychologist and Nobel Laureate Daniel Kahneman says millions of dollars won't buy you happiness, but a job that pays $60,000 a year might help. Happiness levels increase up to the $60K mark, but "above that it's a flat line," he said.

"Money does not buy you experiential happiness but lack of money certainly buys you misery," he said. But the real trick, Kahneman said, is to spend time with people you like."

HT: Beau Weston