I read the WSJ article (The Perfect Salary for Happiness: $75,000) that says according to the survey/study, $75000 is the magic annual number. That is in the US. And, this happiness type covered by the 75k figure is the “day-to-day contentment” and not the overall “life assessment” which means broader satisfaction with one’s place in the world, life relative to others, exclusive of the more “emotional” aspect of being happy (like giving to others, feeling happy after doing something for your neighbor), effect of painful experiences, sickness, etc.
This figure is of course on the average, way of life (materialism in effect) and cost of living (complexities of modern day living) in the US, state to state and even city to city differ. The report says, “The magic income: $75,000 a year. As people earn more money, their day-to-day happiness rises. Until you hit $75,000. After that, it is just more stuff, with no gain in happiness.”
Since SWS and Pulse Asia are both busy studying which show rocks, Piolo Pascual’s Noah or GMA Richard Guttierez’ Survivor, I dunno if they have a study salary vis a vis happiness for Pinoys. Paul and John said money can’t buy them love, happiness too. Looking at it the other way, no money spells lots of trouble. And so surely money can help but it’ll will not be all that we need. I wonder what is the magic Pinoy number for an average sized family (mom & dad plus 3 kids) living in the metros. This is wild estimate, but it should hover around (60k to 75k monthly) P700,000 to P900,000 annual income/salary. Is it enough to cover house mortgage/monthly rent, car amortization, food & clothing, kids education, health care, IPAD!, etcetera?
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