50k pre tax...thats what i'd say it costs to live a reasonably comfortable life in most areas. Assuming you don't have much if any debt and are single, you'll have a ball. If you have a spouse earning the same and are both financially savy, y'all will be doing great...save/invest wisely, remember to have your fun, and you're well on the road to early retirement or financial independence if nothing else.
The hard part of this, however, is find a job that pays well that you actually enjoy at least 70% of the time. Thinking about it, something as simple as an internal auditor or associate project manager can easily make 50k and are relatively low stress jobs, depending on your stress tolerance.
Depending on if you went to college, trade school, or your career path, you might be able to find jobs that pay well over 70k, but here the kicker: Does you stress tolerance match the demands on the job?
Once you start getting up into the jobs that pay well 70k+ you start taking on more responsibility...managing people/teams, investing other people's money, running an entire department, sacrificing time that would otherwise be personal time for the company, handling people's lives etc.
"Experts say that happiness does increase with wealth, but the correlation peaks at earning $75,000 per year. "
I really don't ask for much in life...a job i enjoy/find fulfillment, financial independence/stability, time to peruse my personal hobbies interests...that type of stuff...
I bring up that quote because if my main goal is to be happy, why should i carry the stress from a business that isn't even mine lol? Why would i want to be the Senior Accounting Manager of "Big Bank XYZ" if i'm paid 95k annually but also stressed out af half the time?
I'm not saying every job that pays well is stressful...i'm sure, somewhere out there, someone is making great money and not stressed in the slightest. In general though, i'd say the stress levels increase.
Climbing the corporate ladder for what? The title and money? I have better things of my own to do!
Option 2 sounds better to me: Working a position i enjoy, getting a reasonable pay, and having time to peruse my own hobbies or even business from home
Submitted December 15, 2018 at 11:40PM by Naima_ https://ift.tt/2CeK5Iq
