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re: What's Your Ideal Salary/Life balance?
Posted on 3/20/18 at 6:17 pm to Pettifogger
Posted on 3/20/18 at 6:17 pm to Pettifogger
quote:
My point is that living in a top part of any major city, even ones not thought to be all that costly (dallas, houston, etc.) is expensive. It's expensive just to live there (buy a house) much less live the lifestyle of everyone else there.
This wasn't your original point. You said point blank that $110k doesn't get you much in Dallas. You later added a wife and kids and now have changed it to living in the top area
1
Posted on 3/20/18 at 6:19 pm to deltaland
quote:
have a hard time believing that
Basically the more successful you are over a certain point makes you more prone to depression. Children of affluence are much more prone than others.
Certainly this doesn't apply to everyone but a little struggle boosts self image and sense of accomplishment
Posted on 3/20/18 at 6:20 pm to PurpleandGold Motown
$110k is a good number.
Posted on 3/20/18 at 6:29 pm to Pettifogger
It goes quickly. I won’t argue that. Still, if you’re not financing 100% of your home and vehicles, you should be fine.
Posted on 3/20/18 at 6:30 pm to slackster
quote:
I've seen reports that suggest happiness increases with salary up to $50-75k, at which point there is no correlation between increased salary and increased happiness.
I can definitely see that there is a level where more money is just not worth more responsibilities. I just recently got to a point where I'm happy with where I am in regards to my salary. I used to basically just chase dollars, but now I'm in a position where I might not take a new job/promotion just for more money. Basically, I feel like I'm at my salary/life balance. Don't get me wrong, I wouldn't turn down more money for my same job, but I'm not in a position where I'm "looking".
ETA: I’m also spoiled to working from home now. I wouldn’t take a job with a 25k increase in salary if it meant that I had to go into an office every day.
This post was edited on 3/20/18 at 6:51 pm
Posted on 3/20/18 at 6:34 pm to RogerTheShrubber
I’ve never been depressed, but I can say I was a lot happier being a rafting guide, living in a small cabin in the woods with only a wood stove for heat, waiting on my next check so I could pack up my gear and go skiing/backpacking/rafting/climbing/mountain biking/whatever
Mo money, mo problems, as they say.
Mo money, mo problems, as they say.
Posted on 3/20/18 at 6:36 pm to PurpleandGold Motown
I'm single and make just over 75k. I live comfortably.
Posted on 3/20/18 at 6:42 pm to TigerOnTheMountain
quote:
but I can say I was a lot happier being a rafting guide, living in a small cabin in the woods with only a wood stove for heat, waiting on my next check so I could pack up my gear and go skiing/backpacking/rafting/climbing/mountain biking/whatever
I've found the right lifestyle for me and it's probably a lot more bohemian than most who post here. I get bored with few challenges and find peace in simplicity
Posted on 3/20/18 at 6:45 pm to Pettifogger
quote:
My point is that living in a top part of any major city, even ones not thought to be all that costly (dallas, houston, etc.) is expensive. It's expensive just to live there (buy a house) much less live the lifestyle of everyone else there.
I know how much it costs. I live just outside of Highland Park. I don't even make that much and I still pay my bills, fund retirement over the minimum match and play golf/go out every weekend and still put cash away every month. You all just have an inflated view of what it costs to live in a city.
Posted on 3/20/18 at 6:55 pm to deltaland
quote:
many choices and no struggle leads to depression
I have a hard time believing that
I have not worked in 8 years, I have enough money to do all the things I like to do for the rest of my life, the only thing that depresses me is thinking about the amount of time I spent working when I was young.
Posted on 3/20/18 at 6:55 pm to PurpleandGold Motown
Bout $5 billion probably
Posted on 3/20/18 at 6:56 pm to EA6B
have it now ..... nice salary and work in show business. and usually have 1-2 months off a year.
Posted on 3/20/18 at 6:58 pm to PurpleandGold Motown
52k is an okay starting salary, I guess.
Posted on 3/20/18 at 6:59 pm to PurpleandGold Motown
Right now $60,000 would let me do whatever I wanted.
Posted on 3/20/18 at 7:00 pm to PurpleandGold Motown
52k is poverty
Posted on 3/20/18 at 7:40 pm to TH03
quote:
This wasn't your original point. You said point blank that $110k doesn't get you much in Dallas. You later added a wife and kids and now have changed it to living in the top area
Not the top area, I'm not even talking about Preston Hollow or Park Cities. I mean somewhere I'd want to live. I don't want to live in a 2/2 condo in a mediocre area. A pretty modest house in a decent of LH is pushing 500k minimum.
I stand by my point. For someone who wants to live an upper-middle life (reflecting my view of the point of the thread), 110 in a major city is tough and "doesn't get you much." As I said a couple pages ago, as a single guy, which I think you are, I'm sure you can kill it on 110k.
Posted on 3/20/18 at 7:42 pm to JW
quote:
and usually have 1-2 months off a year.
I take 2-3 months off in winter
Posted on 3/20/18 at 7:46 pm to Mingo Was His NameO
quote:
I know how much it costs. I live just outside of Highland Park. I don't even make that much and I still pay my bills, fund retirement over the minimum match and play golf/go out every weekend and still put cash away every month. You all just have an inflated view of what it costs to live in a city.
I live in town in a major city
Posted on 3/20/18 at 7:47 pm to RogerTheShrubber
quote:
I take 2-3 months off in winter
Is your job tied into the tourism/cruise industry?
Posted on 3/20/18 at 7:50 pm to Pettifogger
So do I.
$110k isn’t as much as some may think if you want to live in the nicest area of a city, but it’s more than doable. I’d say 40% of your paycheck would need to go to rent, roughly.
Now, factor in the wife and kid you didn’t mention at first and of course it’s not doable.
$110k isn’t as much as some may think if you want to live in the nicest area of a city, but it’s more than doable. I’d say 40% of your paycheck would need to go to rent, roughly.
Now, factor in the wife and kid you didn’t mention at first and of course it’s not doable.
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