09/07/2010 11:10 am ET | Updated May 25, 2011

Money Buys Happiness -- If You Make Under $75K A Year: Study

People say money doesn't buy happiness. Except, according to a new study from Princeton University's Woodrow Wilson School, it sort of does -- up to about $75,000 a year. The lower a person's annual income falls below that benchmark, the unhappier he or she feels. But no matter how much more than $75,000 people make, they don't report any greater degree of happiness.

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