Answer (from Advisor Perspectives):

Questions:

• Do you agree with this research that finds that $75,000 income is the “road to happiness?” Why or why not?
• Is your state above or below the national average?
• What are some examples of costs in your state that you think may be above or below the national average?
• Would looking at a chart like this change your mind about where you might want to settle as an adult?
• What is one additional question that you have after reviewing this chart?

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.