Money, of course, isn’t the only value in life. We also need good health, relationships, a meaningful life, among other things. Money and well-being does show some correlation up until $75,000 a year, but after that point money shows no significant effect on increased well-being.
It’s important to remember that someone who is rich can still be miserable, and someone who is poor can still find happiness. Money is just one of many conditions that contribute to our well-being. This doesn’t mean we should ignore it; instead, we should try to maintain a balanced perspective.
