Unpopular Opinion: There is no difference making $60k to making $100k a year

UpAndComing

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Yes, you rather have the $100k than the $60k. But there is no bump in quality of life that people make it seem. It's an overrated milestone :yeshrug:

Like what's the difference?

- Wow, now you can buy clothes/shoes that are $50-$100 more expensive
- Wow, you can buy slightly better electronics
- Wow, you can have 15 streaming subscriptions instead of 5
- Wow, you can go to a fancy restaurant 20 times a month instead of 3 times a month

I've learned over the years, the true way to improve your quality of life is Investing. It's literally the only way. If you are not making high risk investments and making consistent returns, you will not change your life that much

At the end of the day, to make the big purchases and big swings to improve your quality of life, you still will need a loan, credit card, or monthly payments to own it just like anyone making under $100k a year. Being able to pay for a couple more 1st class airplane flights doesn't change that
 

Capitol

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You mentioned investments but forgot about investments that you can do for your own personal well being. 40k can probably get you any book you want, blender, juicer, access to courses at universities, gym memberships, meal plans, spa sessions, messages etc. There is all kinds of ways 40k can stretch if you're looking to invest directly in yourself
 

Prodyson

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Yes, you rather have the $100k than the $60k. But there is no bump in quality of life that people make it seem. It's an overrated milestone :yeshrug:

Like what's the difference?

- Wow, now you can buy clothes/shoes that are $50-$100 more expensive
- Wow, you can buy slightly better electronics
- Wow, you can have 15 streaming subscriptions instead of 5
- Wow, you can go to a fancy restaurant 20 times a month instead of 3 times a month

I've learned over the years, the true way to improve your quality of life is Investing. It's literally the only way. If you are not making high risk investments and making consistent returns, you will not change your life that much

At the end of the day, to make the big purchases and big swings to improve your quality of life, you still will need a loan, credit card, or monthly payments to own it just like anyone making under $100k a year. Being able to pay for a couple more 1st class airplane flights doesn't change that
The problem is you have terrible examples of how to spend that extra money. Lets say you bring home 30k of that extra 40k, after taxes and you save/invest 20% of that. You still have 24k extra CASH every year. EVERY YEAR. If you spend money on stuff that actually matters, you life will be a lot more comfortable. The problem is people waste it on dumb stuff like subscriptions, delivery fees, fast food, expensive coffee and clothes.

Dudes hyped over a 700 stimulus check but all of a sudden 24k and gonna change your quality of life. Smh

The only way this COULD BE true is if you have a whole family that’s significantly or completely living off the one income.
 
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