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You may have heard $75,000 is the magic household income for happiness.

But what, exactly, does that mean?

In a landmark study a few years ago, Princeton University researchers Angus Deaton and Daniel Kahneman set out to definitively answer the question of whether money buys happiness. If anyone is equipped to answer that question, it's these two. Both have won the Nobel Prize in economic sciences: Kahneman in 2002 and Deaton just last year in October 2015.


In their study, they analyzed over 450,000 responses from people across America about their annual income and overall happiness to get at the relationship between the two. They broke down their findings using two metrics: emotional well-being and life evaluation.

Emotional well-being is basically how you feel your life is going on a daily basis — your everyday happiness or joy, or, conversely, stress or sadness. ("How are you today?")

GIF from "The Simpsons."

Whereas life evaluation is an overview of your entire life and how you see it going — how pleased you are with where you're at. ("How's life treating you?")


GIF from "Nacho Libre."

Deaton and Kahneman found that low income is associated with low emotional well-being.

Poverty makes it so that misfortunes such as getting sick, divorce, and being alone are felt even more. As income rose, though, emotional well-being rose consistently alongside it.

The thing is, happiness through emotional well-being didn't change too much beyond $75,000. Once that point was reached, people were basically just, "I'm good."

GIF from "Episodes."

In the discussion section of the study, the researchers offer a possible explanation: "Perhaps $75,000 is a threshold beyond which further increasesin income no longer improve individuals' ability to do what mattersmost to their emotional well-being, such as spending time withpeople they like, avoiding pain and disease, and enjoying leisure."

Life evaluation, on the other hand, just kept rising with the income.

So if we're talking about satisfaction, sure, more money leads to more. (I mean, if you make a million bucks a year, you can probably conclude that life is treating you PRETTY GOOD.)

GIF from "30 Rock."

But the thing is, when talking about happiness, what really matters in life are the good times you have with friends and family.

Let me leave you with some food for thought.

The Census shows that in 2014, 63.8% of U.S. households earned less than $75,000. More shocking is that although the average household income historically is right around that $75,000-happiness mark, the median household income is just around $54,000 — which indicates most households in the U.S. fall almost $20,000 short of the magic number.

Now that doesn't necessarily mean that all those households are chronically unhappy, but what it does mean is that a large amount of Americans may not have the level of income necessary to spend time with loved ones, avoid pain and disease, and have enough leisure time.

America is still one of the richest countries in the world, yet so many continue to fight for these basic needs. Maybe it's time we close the gap between so few having so much and so many having so little. In fact, this incredible CEO is already doing his part.

Because if the $75,000 threshold has taught us anything, it's that life shouldn't be about the exorbitant amount of money you could be making. But rather, how happily we could all be living.

All images provided by Bombas

We can all be part of the giving movement

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We all know that small acts of kindness can turn into something big, but does that apply to something as small as a pair of socks?

Yes, it turns out. More than you might think.

A fresh pair of socks is a simple comfort easily taken for granted for most, but for individuals experiencing homelessness—they are a rare commodity. Currently, more than 500,000 people in the U.S. are experiencing homelessness on any given night. Being unstably housed—whether that’s couch surfing, living on the streets, or somewhere in between—often means rarely taking your shoes off, walking for most if not all of the day, and having little access to laundry facilities. And since shelters are not able to provide pre-worn socks due to hygienic reasons, that very basic need is still not met, even if some help is provided. That’s why socks are the #1 most requested clothing item in shelters.

homelessness, bombasSocks are a simple comfort not everyone has access to

When the founders of Bombas, Dave Heath and Randy Goldberg, discovered this problem, they decided to be part of the solution. Using a One Purchased = One Donated business model, Bombas helps provide not only durable, high-quality socks, but also t-shirts and underwear (the top three most requested clothing items in shelters) to those in need nationwide. These meticulously designed donation products include added features intended to offer comfort, quality, and dignity to those experiencing homelessness.

Over the years, Bombas' mission has grown into an enormous movement, with more than 75 million items donated to date and a focus on providing support and visibility to the organizations and people that empower these donations. These are the incredible individuals who are doing the hard work to support those experiencing —or at risk of—homelessness in their communities every day.

Folks like Shirley Raines, creator of Beauty 2 The Streetz. Every Saturday, Raines and her team help those experiencing homelessness on Skid Row in Los Angeles “feel human” with free makeovers, haircuts, food, gift bags and (thanks to Bombas) fresh socks. 500 pairs, every week.

beauty 2 the streetz, skid row laRaines is out there helping people feel their beautiful best

Or Director of Step Forward David Pinson in Cincinnati, Ohio, who offers Bombas donations to those trying to recover from addiction. Launched in 2009, the Step Forward program encourages participation in community walking/running events in order to build confidence and discipline—two major keys to successful rehabilitation. For each marathon, runners are outfitted with special shirts, shoes—and yes, socks—to help make their goals more achievable.

step forward, helping homelessness, homeless non profitsRunning helps instill a sense of confidence and discipline—two key components of successful recovery

Help even reaches the Front Street Clinic of Juneau, Alaska, where Casey Ploof, APRN, and David Norris, RN give out free healthcare to those experiencing homelessness. Because it rains nearly 200 days a year there, it can be very common for people to get trench foot—a very serious condition that, when left untreated, can require amputation. Casey and Dave can help treat trench foot, but without fresh, clean socks, the condition returns. Luckily, their supply is abundant thanks to Bombas. As Casey shared, “people will walk across town and then walk from the valley just to come here to get more socks.”

step forward clinic, step forward alaska, homelessness alaskaWelcome to wild, beautiful and wet Alaska!

The Bombas Impact Report provides details on Bombas’s mission and is full of similar inspiring stories that show how the biggest acts of kindness can come from even the smallest packages. Since its inception in 2013, the company has built a network of over 3,500 Giving Partners in all 50 states, including shelters, nonprofits and community organizations dedicated to supporting our neighbors who are experiencing- or at risk- of homelessness.

Their success has proven that, yes, a simple pair of socks can be a helping hand, an important conversation starter and a link to humanity.

You can also be a part of the solution. Learn more and find the complete Bombas Impact Report by clicking here.

via UNSW

This article originally appeared on 07.10.21


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This article originally appeared on 07.10.21


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Pop Culture

14 things that will remain fun no matter how old you get

Your inner child will thank you for doing at least one of these.

Photo by Annie Spratt on Unsplash

Swings can turn 80-year-olds into 8-year-olds in less that two seconds.

When we’re kids, fun comes so easily. You have coloring books and team sports and daily recess … so many opportunities to laugh, play and explore. As we get older, these activities get replaced by routine and responsibility (and yes, at times, survival). Adulthood, yuck.

Many of us want to have more fun, but making time for it still doesn’t come as easily as it did when we were kids—whether that’s because of guilt, a long list of other priorities or because we don’t feel it’s an age-appropriate thing to long for.

Luckily, we’ve come to realize that fun isn’t just a luxury of childhood, but really a vital aspect of living well—like reducing stress, balancing hormone levels and even improving relationships.

More and more people of all ages are letting their inner kids out to play, and the feelings are delightfully infectious.

You might be wanting to instill a little more childlike wonder into your own life, and not sure where to start. Never fear, the internet is here. Reddit user SetsunaSaigami asked people, “What always remains fun no matter how old you get?” People’s (surprisingly profound) answers were great reminders that no matter how complex our lives become, simple joy will always be important.

Here are 14 timeless pleasures to make you feel like a kid again:

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