How much better of a life can one have going from making 50 to 100 to 200k a year? Does it really make a difference at these income levels? How much happier would you be making 200 vs 50?
50k vs 100k vs 200k a year
Christopher Bennett
Other urls found in this thread:
time.com
twitter.com
Jaxson Lee
More tax
More stress
You’d find people worth over 100mil would be the happiest ones
Ian Evans
There was a study that showed happiness per dollar hitting hardcore diminishing returns at around $80k.
With that being said, if I made $200k a year I’d be able to retire much sooner.
Ryder Nelson
Little difference, OP. These days, even "poor" people have the same shit as everyone else. Everyone has a car, house, clean stuff, decent food, entertainment, etc etc etc.
It's just that on 50k you have to get cheaper versions of shit, and on 100k you can (and sort of have to) get more expensive versions. But it's the same shit really. It's not like at some times in the past where people have genuinely and profoundly different stuff/lives depending on their money.
Added to that, in practice you will be working a SHITLOAD more with more stress, then no it's basically "not worth it" unless you're a fucking psychopathic work-obsessed monster and just need that kind of time spent working.
Far more important is how engaging and fulfilling the work is, how credible and proud you are of the job, and how it uses your talents.
Dylan Young
>How much better of a life can one have going from making 50 to 100 to 200k a year? Does it really make a difference at these income levels?
Of course it does. It makes huge difference at those income levels. $50K is just middle-lower class, the average NPC. $200K is where you're truly start being upper-middle class and feel financially powerful.
From $600k/year and up it's all basically the same unless you have horrible spending habits.
You've pretty much made it at that point and money is just numbers growing on your bank's website. You're living the life you want already.
Jason Brooks
That estimate of $75-$80K "to feel satisfied and happy" is actually outdated. It's actually been adjusted to $105K recently.
Christopher Cox
Happiness doesn’t stop going up if you make more, that’s just where you stop stressing the fuck out about basic needs.
Ethan Hernandez
That's true, but I mainly mean that the number gets bumped up a few thousand dollars per year.
Landon Reed
I feel like it would increase exponentially between 50 and 100k but not much between 100 to 200k.
James Kelly
You are correct
Blake Roberts
True for me on some level. I recently went from 40K, to 60K to 75K in 1 year and I at least feel like I can save up for a down payment, and be able to save a "good" amount of money every year.
It's about the lifestyle changes that,made me feel more accomplishment. At 40K, I was basically paycheque to paycheque, 60K I didn't have to use my line of credit and could actually save some cash.
75K was nice because I can save half my income living frugally. Although the 60K to 75K jump is actually from dividend income.
Still a bit pissed because because at my all time high I would be able to have $60K coming in from dividends alone, but I am trying to come to terms with it being only 15K and not being a bitch about it.
Zachary Long
The difference is that you can buy a bigger house, faster car, go to restaurants more often and stay at better hotels but you still need to work and retire when you are old so it's not a huge difference anyway. On the scale from poor to rich, people who make 200k/yr are still poor.
Thomas Carter
Person making 200k can retire in 1/4 the time. "Not a huge difference".
Owen Morgan
EVERYTHING IS RELATIVE
Jackson Campbell
More like you can pay off your house in no time, and start putting stupid amounts of cash into dividend payers on a monthly basis. 200K per year, unless you live in NY or LA would go a really long way.
Elijah Howard
>50k to 100k
You can become a real person. Buy your own condo/small house in a couple years and really live independently.
>200k
High taxes 100-135k but you also leave the FICA tax range so it's actually much LOWER taxes 136k-200k (7% lower). This is the range where you can grow wealth. You can fund your own business ideas. You can buy multiple housing units easily. You can take real vacations plentifully.
Christian Jackson
I should read the study, but I also suspect that's a median point. I actually guess the number is higher for more intelligent people, but I have no proof.
Isaac Smith
My income has gone from 20k (grad school) to 65k (engineer) to 85k (solutions architect) to 200k (product manager).
My girl also makes about the same.
Last year we saved about 50% of our pre-tax, overall, so 200k between the 2 of us.
I guess it just means that as long as you don't go crazy in spending, you can still see your income increase by a pretty significant amount every year.
Lincoln Martin
I make 45k/year. Wife is still in college. It's okay but kind of crap. I think at 75k total I'd be pretty damn content. I live in flyover nothingness though.
Jaxon Hill
50k is slavery mode. 100k is liveable mode. 200k is u can feel pride mode.
200k is where you can start feeling like you can eat out and buy toys pretty much as much as you want and get away with it.
im at like 120k and feel okay spending about 10k a year on frivolous stuff.
Landon Cook
>How much happier would you be making 200 vs 50?
Just look at the kind of hookers you can have with 50k vs 200k salary. With a 200k salary you can fuck model like girls on the regular when you're bored.
Liam Miller
time.com
95,000 a year is peak happiness, returns o happiness diminish quick after.
Angel Sanders
i make 120K and i'm a miserable piece of human trash
Dominic Hernandez
I have like 1K disposable income per month. Yet I live in my own house and the income is passive so I do not have to have a dayjob. Obviously I do not live in first world.
Its all relative.
Chase Cox
My dad made 20k in 03 100k in 06 1M in 08 500k in 18 because more branches are opening up.
He was the happiest in 08(made the most, business doing well) before the market crash
Nowadays he is just another stressed middle aged businessman traveling around the country managing different business branch and is disappointed because his son is a fucking NEET.
Andrew Russell
I made it all the way from 18k/year in 2007 to 1 mil euro in 2018. I've been a wagie for just 1 year at the very start, and since that time I've been doing my thing. So, out of that 1 mil I took about 15% for myself and my family and put the remainings back in business. Because of that I feel a lot of stress but I could not not do it, if you know what I mean. In general, I agree that the transition to 100k/yeaк is the happiest one, after that that's just digits on the screen.
Lucas Kelly
Now what about household income? I'm at 115k household and If this is maximum happiness I'm just gonna exit right now.
Evan Young
I'm in Ausfalia and I'm 26, so I've already fucked up.
My goal was always:
>75k gross
>75k net, so about 108k at which point I might consider having a single kid
Then on top of that
>9-5, m-f
>9-3 or 10-4, m-th
After that it's basically been whatever. I'm more concerned with spending as little time as possible working productivly because time is the only thing I can't make more of. With more time I could diversify if I wanted and not feel like shit every Sunday after my 'weekend' which was catching up on shit I had to do on saturday, then finally getting ready on sunday.
My absurd dream was 250k doing a 20 hour week in something I love. But that's just a dream goal.
Currently I work for 30k pa at three jobs who give me casual hours. This week I ddn't work a single hour, and next week I'm working fucking 55hrs, not including the 40 minutes it takes to travel between jobs and home.
Isaiah Cruz
>Australia you need $125k to be happy with your life
Jesus fucking Christ, especially considering the underemployment crisis we have at the moment that's nuts. Sure you'd make it in Sydney easily, but you'd also need to make it because otherwise you'd be in poverty there.
125k in Tasmania or some other shithole and you'd be a fucking baller.
Politicians in Australia get 200k PLUS perks.
Fuck this wagecuck shit, I'm just going to get better at talking and get those sweet non-accountable politidollars plus kickbacks from mates.
Dominic Jones
Connor Cook
> Far more important is how engaging and fulfilling the work is, how credible and proud you are of the job, and how it uses your talents.
Rare qualities to be found in a job
Jacob Kelly
If you are single and save like crazy perhaps which most people don't. You are also forgetting taxes
The majority of jobs that pay that much are in NY, LA, London, etc though. You aren't really accounting for life expenses as well, 200k/yr could go along way in the best case scenario where you are frugal, single, childless, live in a cheap city and are content with all that. If you are more ambitious and want to taste real wealth, 200k/yr is barely enough.
Elijah Wright
$300k and above is life changing money. You get all your obsessions on steroids.
Five years ago I was a poorfag living off Taco Bell burritos and free BBC porn.
My income increased ten times. Guess what?
I still eat Taco Bell and beat off to BBC.
Except now I can also hire a caterer to come over and fix me a fine Mexican meal in my own home. I can up and fly to Cancun anytime.
I also have a huge 8k screen so that black on white action is so fucking real I can smell.it.
And...And I *may* have found a fine ass sugar baby to fuck a huge black bodybuilder in my bed and allow me to suck every steaming load he jets in her cunt.
I don't give a shit if you call.me a cuck.
My wealth is measured in how close I can get to nigger dick and I regret nothing.
Ian Bell
>household income
>his woman works and doesn't cook, clean and do all the chores
There will be no happiness for you
Joshua Murphy
>My dream
>Describes gross and net salaries & working rosters
You're a weird guy user
Easton Taylor
I make about 60k right now and my wife was making 60k before leaving her job. The only difference is the amount of shopping and eating out we do. I must add that we own our home and cars. We’re rehabbing our first rental which is making things tight (going out of pocket on #1) but will really open things up when it’s rented out.
Jack Jackson
This guys got it.