Could having too much money make you suicidal?
Time magazine came out with an article: Why suicides are more common in richer neighbourhoods, and says researcher Daniel Wilson (Senior Economist @ San Francisco Fed), found that those who lived in higher income neighbourhoods, tend to be 4.5% more suicidal, than those with the same income living in a different area.
WHAT? WHY!?… JEALOUSY OF COURSE
The reason for this is mostly the green eyed monster, and trying to ‘keep up with the Joneses’, whom we all know do NOT exist save for in our heads.
They also noted that previous studies proved that when someone makes $10,000, they are 50% more likely to commit suicide than someone who makes above $60,000 and people who are unemployed are also 75% more likely to commit suicide.
The study came up with a new number at the end that says if you make less than $34,000 a year, you are more likely to commit suicide by 50%.
It isn’t until you reach an income of $102,000 that you will have the lowest rate of suicide. Any income you make above $102,000, has marginal returns on your chances of committing suicide
The worst case scenario? Making a low income and living in a high-income neighbourhood.
(However I am not sure if this takes into account OPM (other people’s money), or their parents subsidizing their lifestyle to be able to live in such a nice area.)
It’s kind of scary to think that how much you make is so literally connected to your chances of living.
We really do live in a money-hungry society.