salary

Did you earn six figures when you were in your 20s? Did you own a home? If your answer to both questions is no, then you might want to that to tell your kids.

Turns out it doesn’t take millions of dollars to make most people happy. Princeton economist Angus Deaton and Nobel Prize winner Daniel Kahnemen conducted a U.S. study linking human behaviour and finance. According to their findings there is a specific dollar amount or income plateau after which earning more money has no measurable impact on your level of contentment.