Research indicates that money contributes to happiness, but its impact is limited. A significant survey in the United States in 2010 shows a correlation between household income and life satisfaction. Initially, as income rises, life satisfaction increases significantly. However, the relationship plateaus at a certain point, showing diminishing returns where further increases in income do not lead to proportional increases in life satisfaction.
An audio version of the 2023 80,000 Hours career guide, also available on our website, on Amazon and on Audible.
If you know someone who might find our career guide helpful, you can get a free copy sent to them by going to 80000hours.org/gift.