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Many people say that money cannot buy happiness. Even so, producing a certain amount of money can be a key fulfillment and greater satisfaction in life. A recent research breaks the assumption that most people have believed about money and happiness. But, what is an ideal income for someone to feel happy? It turns out that it varies depending on the environment or country of origin.
For people from rich countries, the majority of answering income or a large salary, is an important factor for life satisfaction. However, the ideal answer about the relative amount of salary is very high. The study was conducted by researchers from Purdue University in Indiana, USA, who analyzed results from the Gallup World Poll, a representative survey sample that collected data from more than 1.7 million people from 164 countries around the world.
Researchers record participants' emotional well-being and life satisfaction by analyzing their purchasing power and the answers they give to questions related to satisfaction and well-being. This finding is then compared to the annual income of individuals to measure their overall happiness.
Areas with the highest salary satisfaction levels are Australia and New Zealand, with the amount of income needed each year before reaching a higher level of happiness reaching an average of 125,000 dollars or around 1.6 billion rupiah. For comparison, the regions with the lowest income satisfaction are Latin America and the Caribbean. By making around 35,000 dollars, or around 475 million rupiah, they feel happy. Location is not the only factor that researchers consider when assessing how much money a person needs each year before they can describe themselves as truly happy people.
Gender is also considered to play a role in income satisfaction. Men find it more difficult to achieve salary satisfaction. One reason, conventional rules emphasize men more on achievement and social status. Other additional factors are the number of children and the neighborhood.
High income usually correlates with high work demands, such as responsibility, workload, up to time. This is why people with large salaries feel it takes longer to achieve happiness than those who earn a small salary.