How much cash would keep you cheerful?

Image: S Money

Researchers have revealed the optimum amount of money per year citizens in 173 countries need to be happy with any amount above each figure having “no effect on an individual’s happiness”. They analysed the relationship between happiness and income to discover the price of happiness in every country.

  • Iran has the highest amount – $370,000AUD
  • Sierra Leone had the lowest amount – $13,000AUD
  • Australia has the third highest amount – $187,000AUD
  • New Zealand – $176,000AUD
  • Thailand – $55,000AUD

One Harvard study claimed it’s not what you earn, but how you spend it that leads to happiness. Researchers said that buying experiences and fewer material goods will make you more content as will paying close attention to the happiness of others.

Find out more here. Listen to Bec and Asa’s chat below!