We discuss three factors that influence well-being, point out their relative importance, and observe that most focus inordinately on the least productive drivers of well-being. We describe the correlation between income and happiness, we lay the groundwork for taking control of your own happiness, and we advocate paddleboarding.
We thought a visualization of what we call the “H Curve”- depicting how the correlation between well-being and income diminishes with increasing wealth- would be helpful in appreciating this episode. So I drew it, and here it is:
Check out also this interesting (if somewhat outdated) Wall Street Journal article entitled “The Perfect Salary for Happiness” (guess what? They say $75,000).