Universal basic income and universal healthcare so I (and everybody else) don't have to worry about a job, being able to work, retirement, disability, and employers will have to offer meaning, increased quality of life, and actual respect to attract employees.
These social safety nets would be a huge win for worker's rights too. If you can tell a job to go fuck itself on the spot, they can't operate without treating people right.
The day I got signed on for 120k was the day all my financial anxieties went away. I'm not rich by any means. My rent is still stupid high. My bills never stop coming in. But I can finally afford furniture. I can finally afford to visit my family when I want to. I don't worry about min-maxing at the grocery store. I'm not "happy" but it's the closest I've ever been
Being able to walk into a store and drop 50 dollars on something on rare occasion without having to have a panic attack and spend the day before doing in depth financial analysis and math, I cant imagine how much healthier my life would be without that stress.
UBI paid for by liquidating billionaires
UBI paid for by ~~liquidating~~ liquifying billionaires
the logistics of this are a little iffy. People don't really melt, they burn
They don't need to be melted, they can be forced through a fine mesh instead.
We need to utilize the expertise of the hydraulic press channel for this task. Spaghettifying billionaires sounds very therapeutic.
The more money I make the sooner I can stop working.
So bigger salary = bigger happy. Always. There's no number that is "enough".
I enjoy my job, so working 20 more years isn't that onerous.
But I'd rather retire tomorrow than work for anyone else.
Honestly? If I won the lottery today I would still work. I really really enjoy my work. It keeps me focused and motivated. My problem is having my livelyhood tied to the wims of a chaotic prideful coke filled VC
That's fair, and also true for me.
I enjoy laboring. I do not enjoy working for others.
I've got endless amounts of side projects that I never have enough mental energy for because the job saps it all.
When I got laid off last year I had about a month between jobs where I got to just do whatever I wanted. After about a week of decompressing I started working 5ish hours a day on side projects, because I wanted something that was more mentally stimulating.
There’s no number that is “enough”.
A quadrillion dollars per minute ought to be enough for anybody.
See that means I would instantly retire, so I wouldn't be working.
You would work until you got your first paycheck. If it were a job that paid you under the table you could theoretically work a single shift. Best job ever.
the amount you need to make in order to afford the ever-fleeting american dream is about $140k right now. so I want 280k
I'm sorry but this can't be correct. I live within 30 minutes of two minor cities with plenty to do and me and my wife combined make around 100k. We live comfortably and have 50k in the bank in addition to retirement. We also have one kid. This is highly dependent on where you live. I am not saying the cost of housing,etc is not a problem but some of these numbers need to be put in context.
I remember a time when someone making "six figures" was extremely wealthy. Now six figures just seems to be the baseline for even having a chance at tackling home ownership in suburban areas. 120k is probably ideal. I don't likely need more than that and it should be enough to pay for a comfortable lifestyle.
Getting there is the tricky part.
I make $115k per year, my wife makes another $20k or so, we have one kid, a tiny house in a slightly sketch part of our Midwestern city that I bought a decade ago when it was almost cheap, and both our cars are paid off... and we're treading water financially. I don't know how anybody my age is affording big houses and new cars, unless it's just by snowballing debt at an alarming pace. I'm already underfunding my 401k just to maintain some liquidity.
Salary? No. Stipend, yes. Give me enough to comfortably live on and pursue interests and hobbies with no requirement for work. That's the closest money would get to making me happy.
UBI
DING DING DING DING
I am fine with my current salary. None of the problems I have are due to having too little money. It is more that I have hardly any time to spend that money and live a fairly lonely life. None of that would be fixed by a higher salary, which is why I have little motivation to try to get promoted.
I would suggest volunteering at animal shelters on your days off might help with the fairly lonely life. The one by me let's you check out dogs to go to the beach with and return.
Enough to cover my living expenses, working expenses, retirement fund, savings, etc. at about 8-12 hours of work/week.
Bills plus car fuel and maintenance plus the cost of good quality food plus full coverage of medical insurance plus deductible (yay America) plus mortgage payments plus 10-20% on top of that.
Basically, cover the cost of very comfortable living and take the financial worry out of being alive.
Edit: echoing other comments, this would not make me happy directly. It would open up more possibilities to pursue the things in life that bring/grow happiness.
Enough that I didn't have to worry about not being able to pay rent and bills.
Hey you guys, how for away do you think that mirage is?
Yep. One's lifestyle (almost) always expands to fit their means.
As soon as you make what feels "comfortable," you'll want another 10-20k.
No amount will make me happy.
Once your basic needs are met, the equation becomes: Salary = Expenses + Savings. So, the questions becomes, how much savings makes you happy?
If you are happy to work in your job until "retirement age", a small savings rate will do, in theory; that is if the salary is adjusted for cost-of-living and tax.
Are you happy working this job for the rest of your life? Full time (whatever that means in your work culture)?
For me, other factors are much more important than the salary.
A tedious job with unpleasant colleagues would never make me happy, no matter how high the salary. On the other hand, if I had a job that was fun and had nice colleagues, I would be happy with a salary that only covered the essentials.
Also, I would rather have a salary that only covers the essentials for 30 hours a week than a salary twice as high for 60 hours a week. What good is money if I can never spend it?
There are more factors that are more important to me than the salary. How much physical labor is involved in the job? Do I have to work at night? Do I work shifts or do I have flexible working hours? Does the employer offer a pension plan? Are there any other benefits? Where would I have to work, close to friends and family or far away? ...
Yeah, there really isn't just one threshold value that would make me happy. More is better of course, but there are too many other factors.
Though it's probably worth mentioning that I don't have any children and don't plan on having any.
I don't have a solid answer.
Money alone isn't going to make me happy. Yeah, it removes a lot of one type of stress. But it can also be a trap. Like, I'm doing solidly okay in my job, but it's enough that I can't easily quit and start over in a different career, even though I stopped caring about this one a decade ago. And a high-paying job can come with a lot of other stressors, things that keep you working harder and longer hours than you otherwise would.
$100k would probably seem pretty good for a long time, given where I currently live. If I had to live in NYC, I'd probably say more like $500k.
I live in a third world country, if I can get 3K USD per month I believe I'll pretty good.
In the short term? $50k. Enough to get by and save for big purchases with enough left over to get a faster motorcycle.
In the long term? $100k. Enough to seriously save up for an actual house to live the American Dream.
1/3 median home price for area of employment.
Something like 100k€ would enable me to do all the traveling I want to do and simultaneously save up enough money for a comfortable early retirement. Currently I'm focussing more on having a job that isn't soul-crushingly stressful and full of overtime though.
Money has long ceased to provide happiness. >80% of my salary ends up in a savings account, no idea if I'll ever touch it.
A question like this could be an intro to a shady MLM pitch. Break the ice, get the conversation going and gain a sense of the range of numbers to make up for earnings examples.
I make 120k in a medium sized city where the median income is about 75k. I'm pretty content, tbh. I also don't buy shit i don't need. Most of my expenses are my hobbies. I do have a lot of hobbies. But I still make enough every two weeks where I'm able to stash it away in a savings account.
Now if I only knew how to and had the balls to invest beyond retirement accounts.
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