Pay vs. Happiness
Originally Posted by Scot,May 28 2008, 06:28 AM
OP - you are making $120-$170k and you daily drive a ****ing civic?
IMO you will most likely find that a $60k job is not all that rewarding / fun / happy / Unless you have a very specific job picked out that you know will be fun...?...it would certainly give you some free time though....
I am hopefully teaching my kids to follow happiness and not $. It would be great to have both but i sure as hell don't sitting at my idiot desk all day.
goodluck... maybe post up what the jobs are for the two different options..?
IMO you will most likely find that a $60k job is not all that rewarding / fun / happy / Unless you have a very specific job picked out that you know will be fun...?...it would certainly give you some free time though....
I am hopefully teaching my kids to follow happiness and not $. It would be great to have both but i sure as hell don't sitting at my idiot desk all day.
goodluck... maybe post up what the jobs are for the two different options..?

Originally Posted by RiceBurnerTX,May 28 2008, 07:25 AM
I'm in a similar position and I've made the decision to try like hell to find that $60k job.
I'm not sure if anyone here has read Rich Dad Poor Dad, but something other than just your personal time that you lose when you're working a large number of hours is your ability to see how to improve your situation. It's better to be underpaid, but not overworked, so that you can have that pent up energy and desire to improve so that you can actively go out and figure out how to build wealth.
Another important lesson in that book, is that whether you are making $60k or $100k, you need to start BUILDING WEALTH, meaning saving, so that you can make your money work for you. If you were able to build up wealth enough to make your money work for you, you would no longer need to ask this question.
I'm not saying I have it figured out, but I am asking the same questions, and figured I would share what I've discovered so far. I've worked for years at around $100k, and have very little to show for it, because like many people I see posting here, I got caught up in luxury items, and didn't start building wealth early. Now I'm 27, and am realizing what a great position I could have put myself in had I been wiser.
Just remember, it's much better to have your money work for you, then to continually be chasing the dollar, working hard for money that just evaporates.
I'm not sure if anyone here has read Rich Dad Poor Dad, but something other than just your personal time that you lose when you're working a large number of hours is your ability to see how to improve your situation. It's better to be underpaid, but not overworked, so that you can have that pent up energy and desire to improve so that you can actively go out and figure out how to build wealth.
Another important lesson in that book, is that whether you are making $60k or $100k, you need to start BUILDING WEALTH, meaning saving, so that you can make your money work for you. If you were able to build up wealth enough to make your money work for you, you would no longer need to ask this question.
I'm not saying I have it figured out, but I am asking the same questions, and figured I would share what I've discovered so far. I've worked for years at around $100k, and have very little to show for it, because like many people I see posting here, I got caught up in luxury items, and didn't start building wealth early. Now I'm 27, and am realizing what a great position I could have put myself in had I been wiser.
Just remember, it's much better to have your money work for you, then to continually be chasing the dollar, working hard for money that just evaporates.
option number 2. whats the point of having big bucks if you cant enjoy right? but then again, who would take me seriously... i haven't experienced a real career yet since i'm a broke college student
Originally Posted by trainwreck,May 28 2008, 05:10 PM
vgr
dont believe me? check historical price on yahoo or google. dividend has been about 9% a year.
pm me so i can tell you the address to send that 2k check.
dont believe me? check historical price on yahoo or google. dividend has been about 9% a year.
pm me so i can tell you the address to send that 2k check.
wow you do have a rough schedule. So are you thinking about leaving the force to concentrate on your business? That may not be a bad idea as you can concentrate solely on building your business. Either way its nice to see someone working hard to achieve, and Kudos for building up your business.
I would think growing your business would be more personally rewarding and financially rewarding in the long run. If you do well then you can quit your police officer position.
Personally - I would go with Opt. 1. But thats me - I like staying busy and working harder/smarter to make more $ has always been my approach to life.
Personally - I would go with Opt. 1. But thats me - I like staying busy and working harder/smarter to make more $ has always been my approach to life.
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