This is optimal living daily. More money, less happiness, when money makes you miserable.

By Michael Lawrence with getrichslily.org, and I'm Justin Mollick. Welcome back or welcome for the first time

if you're new here. This is where I read an article, sometimes two, every day of the year to help both

you and me have a little more happiness,

inspiration, and motivation in our day. So with that, let's get right to it as we optimize your life.

More money, less happiness, when money makes you miserable by Michael Lawrence with

get rich slowly.org.

Money, the conventional wisdom says, doesn't buy happiness. Modern psychology seems to back

this up with studies suggesting that beyond an income of $75,000, money doesn't make you any

happier. This conclusion is simultaneously obvious and

counterintuitive. As an abstract principle, most of us acknowledge that money doesn't buy happiness,

but at the same time, we all want more of something material, a nicer house, nicer vacations,

the ability to live in a certain neighborhood

or eat at fancier restaurants, that we think would make us happier. So we're left with a

conundrum, or rather a series of conundrums. Does income in excess of $75,000 make us happier?

And if not, why not? When money makes you happier?

In answer to the first question, I believe that all else equal, and as we'll see in a moment,

this is a huge qualifier as things are rarely equal, more money generally makes you happier.

To be clear, money won't solve every problem. If you're lonely or

bitter or angry, for instance, more money won't make you any happier. But just because money doesn't

solve every problem doesn't mean that money won't solve any problems. Money can make things easier or better.

With more money, you can build a nest egg, pay off your

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