A study in Australia reports that happiness halt as household income passes AU$100,000.

According to the Australian Unity wellbeing index released this week, once you attained a six figure income:

“money loses its ability to reliably raise wellbeing and does not increase in line with increasing income”.

A person desires to have a certain level of comfort in which money can buy: have shelter, food on our stomachs, clothes on to keep us warm and the ability to buy the things we wanted. After attaining this, “Each dollar thereafter is a sliding scale of diminishing returns, which no amount of stuff can fill.”

Source: News.com