Experienced Well-being Rises with Income, Even Above $75,000 Per Year

2020 saw Universal Basic Income - the idea of giving money directly to the people - move from fringe (thanks Andrew Yang!) to mainstream (thanks Covid!). With the Biden administration under pressure to make stimulus cheques recurring rather than one off, it is worth reviewing this 2020 paper from the University of Virginia which reports the linear progression of ‘experienced well-being’ regardless of level of income. Money - and consistently having cashflow - is basically is a universal de-stressor.