75,000 a Year how To Make Additional Money Be Happy? People say money doesn’t buy happiness. The lower a person’s annual income falls below that benchmark, the unhappier he or she feels. 75,000 people make, they don’t report any greater degree of happiness. 75,000, the study points out that there are actually two types of happiness.
There’s your changeable, day-to-day mood: whether you’re stressed or blue or feeling emotionally sound. Tony Robbins tries to teach you. The study, by economist Angus Deaton and psychologist Daniel Kahneman, who has won a Nobel Prize for Economics, analyzed the responses of 450,000 Americans polled by Gallup and Healthways in 2008 and 2009. Participants were asked how they had felt the previous day and whether they were living the best possible life for them.
They were also asked about their income. Most people were also satisfied with the way their life was going. See TIME’s special issue on the science of happiness. Researchers found that lower income did not cause sadness itself but made people feel more ground down by the problems they already had. 3,000 a month reported similar feelings. For people who earn that much or more, individual temperament and life circumstances have much more sway over their lightness of heart than money. 75,000 is the benchmark, but “it does seem to me a plausible number at which people would think money is not an issue,” says Deaton.
At that level, people probably have enough expendable cash to do things that make them feel good, like going out with friends. But in the bigger view of their lives, people’s evaluations were much more tied to their income. The more they made, the more they felt their life was going well. The survey asked respondents to place themselves on a life-satisfaction ladder, with the first rung meaning their lives were not going well and the 10th rung meaning it was as good as it could be. The higher their income, the higher the rung people chose. It’s no surprise, then, that when the same polls are done in different countries, Americans come out as a bit of a mixed lot: they’re fifth in terms of happiness, 33rd in terms of smiling and 10th in terms of enjoyment. At the same time, they’re the 89th biggest worriers, the 69th saddest and fifth most stressed people out of the 151 nations studied.
Now that Princeton researchers have untangled that life mystery, maybe someone at MIT can look into the optimal amount of money required to buy us love. Your browser will redirect to your requested content shortly. Planet Money Makes A T-Shirt The world behind a simple shirt, in five chapters. Cotton Is King You can grow cotton in places where land and labor are cheap. You can grow it in places that are close to the countries — Colombia, Indonesia, Bangladesh — where the Planet Money T-shirt was made.
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Yet most of the cotton in the Planet Money T-shirts was grown in the U. Harvest In 2013, the farm will produce 13,000 bales of cotton — the equivalent of 9. Flowers’ farm also produces other crops. Some of the machinery and staff listed here also work elsewhere on the farm.
Genetically modified crops are controversial, but not among U. And when it’s time to harvest the cotton, U. Just last year, Bowen Flowers, the cotton farmer in the video, bought five John Deere 7760 pickers. They’re the size of tanks, but are finely tuned, self-driving machines that sense the cotton plant stalks and twist off just the cotton puffs. Like the seeds, the pickers get more productive every year as the technology improves.
The newest John Deere picker needs just one guy to do what it took five guys to do a couple years ago. One driver can pick 100 acres of cotton a day — and he barely needs to touch the steering wheel. Report Cards Every year, the U. Department of Agriculture tests all 17 million bales of cotton harvested in the U.
The farmers pay for the testing, and the USDA figures out exactly how fine, long, strong and bright white every batch of cotton is. Cotton buyers all around the world can get a report card that tells them everything they need to know about every bale of U. Here are a few key specs for a sample from Bowen Flowers’ crop. Fineness is measured in grams per inch. Length is measured in inches and refers to the average length of the longer half of the fibers. To understand how this keeps American cotton on top, it helps to travel 10,000 miles to Indonesia, where our cotton was spun into yarn for the men’s T-shirt. In the clothing business, people call it yarn.