This is how much money you need to be happy

[njdevilsfan87]

There's no real set amount, but obviously, the more you have, the more you can risk to obtain that freedom.

First, I declined all the jobs that were a strict 9 to 5 with no flex schedule. Then I started to decline the jobs that required me to be there 5 days a week, because screw commuting when all of my jobs involve coding. Next I'll get myself a co-working space a few blocks away from where I live, and even foot the bill to start. Because then I'll live where I want to live, and be 5 minutes away from work. Then I'll reduce to 32 hour weeks, then 25... and then retire. Thank Bitcoin.

 

[purbeast0]

Studies like this are fucking retarded because they don't even consider the cost of living into the equation.

You can't just say $XX would make people happy when you have no clue what the cost of living in those areas are.

People who think $100k means you are rich clearly live in low cost of living areas with low salaries.

 

[pete6032]

I was just about to say I think this depends on a lot on cost of living, but purbeast0 just posted that. I think if I lived in a smaller city I would be happy with a lot lower salary.

 

[zerocool84]

It really depends where you live. In the San Francisco Bay Area, with 95k you wouldn't be able to afford a house unless you got one far out. You could barely afford a 1bdrm apartment in most places even with 70k unless yet again you got an apartment further away or in a really shitty area.

 

[madoka]

We found that the ideal income point is $95,000 for life evaluation and $60,000 to $75,000 for emotional well-being.

I had a very rich client recently tell me that that statement is something rich people say to make poor people more complacent. I agree.